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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. used before first of two alternatives to indicate that they are each untrue. Not in either case. not one nor other of two people or things. not the one nor the other of two people or things.

provide

/prəˈvīd/

verb

To make certain something will happen or be done.

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

used to express uncertainty or possibility.

highest

/hī/

adjective adverb

of great vertical extent. at or to considerable height.

wrapped

/rap/

verb

To cover something with paper or a cloth e.g. gift.

coordination

/kōˌôrdnˈāSH(ə)n/

noun

Planning to meet a shared goal.

through

/THro͞o/

adjective adverb preposition

continuing or valid to final destination. From the beginning of something until the end. Allowing you to pass between, or to.

markets

/ˈmärkət/

noun other verb

gathering for trade. Areas or regions where a certain product is sold. To publicize products to get you to buy; advertise.

producing
verb

To make something appear.

understood

/ˌəndərˈstand/

verb

perceive intended meaning of.

incentive

/inˈsen(t)iv/

noun

Something that encourages you to do something.

maximize

/ˈmaksəˌmīz/

verb

To make as large or great as possible.

remarkable

/rəˈmärkəb(ə)l/

adjective

worthy of attention.

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