Micro: Unit 3.4 -- Graphing Cost Curves

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Practice using cost data to graph the production costs curves for a typical firm - Analyze the slopes of the fixed, variable, and total cost curves and their relationships to each other - Discuss the relationship between production costs curves and production levels - Practice using cost data to graph the AFC, AVC, ATC, and MC curves for a typical firm - Discuss the relationship between per-unit production costs curves and production levels - Practice shifting per-unit production costs when changes occur in the fixed and variable costs of production Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/Product/Graphing-Costs-Activity-4255813 Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram -- http://www.instagram.com/youwillloveh... Facebook -- http://www.facebook.com/youwilllovehi... Subscribe to our YouTube Channel: https://www.youtube.com/youwillloveeconomics Check out our website for teaching tips and insight from us- https://sites.google.com/view/you-will-love-history/home