Marginal Analysis and Elasticity

Use marginal analysis and elasticity to analyze situations involving price and production levels

Open Educational Resources

The outcome(s) for this section will be covered by several Open Educational Resources. Review and reflect on each one as you prepare to complete the assessment for this module.

Reading: Marginal Cost
Video: Total and Marginal Cost (no derivative)
Video: Marginal Cost, Revenue and Profit (derivatives)
Reading: Elasticity
Video: Elasticity of Demand

Licenses & Attributions

CC licensed content, Original

Authored by: Lumen Learning & Paul Jones. License: CC BY: Attribution.

CC licensed content, Shared previously

Business Calculus. Provided by: Washington State Colleges Authored by: Dale Hoffman and Shana Calaway. Located at: https://docs.google.com/file/d/0B1lkHWwO61QEM0gwOFhES2N5Tlk/edit. License: CC BY: Attribution.