Khan Academy Static

Using a spreadsheet, Sal walks through an example of average costs per line of code as a firm hires more engineers. Really good primer to understand what average fixed costs, average variable costs, average total costs (ATC) and average marginal costs (MC) are (and how they are calculated).

12408_Fixed_variable_and_marginal_cost.html

12409_Visualizing_average_costs_and_marginal_costs_as_slope.html

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