2.2 (Micro) How to Draw: Law diminishing marginal returns: Firm short run: MP, AP & MC, ATC curves | Graphing, Atc, Guidance
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2.2 (Micro) How to Draw: Law diminishing marginal returns: Firm short run: MP, AP & MC, ATC curves
Video provides guidance on how to draw a model illustrating the relationship between MP (marginal product), AP (average product), MC (marginal cost), ATC (av...