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Minimization of Total Industry Costs of Production

74,647 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

92%
  • 8:23 / 9:05

Speech Rate:

  • 152 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

neither

/ˈnēT͟Hər/

adjective adverb conjunction determiner pronoun

Not one or the other not either none of two things. Similarly not, also not. Not in either case. Not one or the other. not the one nor the other of two people or things.

provide

/prəˈvīd/

verb

To offer or give something that is wanted, needed.

actions

/ˈakSH(ə)n/

noun other verb

process of doing something. Some things that a person or things do. To take action to do something.

earlier

/ˈərlē/

adjective adverb

Sooner than. before usual time.

perhaps

/pərˈ(h)aps/

adverb

Possibly, but not certainly; maybe.

highest

/hī/

adjective adverb

Farthest above the ground; greatest (position). at or to considerable height.

wrapped

/rap/

verb

cover or enclose in paper or soft material.

coordination

/kōˌôrdnˈāSH(ə)n/

noun

Planning to meet a shared goal.

through

/THro͞o/

adjective adverb preposition

continuing or valid to final destination. expressing movement into one side and out of other side of opening etc.. moving in one side and out of other side of.

markets

/ˈmärkət/

noun other verb

gathering for trade. Public events where people sell goods on tables. To publicize products to get you to buy; advertise.

producing
verb

To grow something naturally.

understood

/ˌəndərˈstand/

verb

perceive intended meaning of.

incentive

/inˈsen(t)iv/

noun

thing that motivates or encourages someone to do something.

maximize

/ˈmaksəˌmīz/

verb

make as large or great as possible.

remarkable

/rəˈmärkəb(ə)l/

adjective

worthy of attention.

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