How Much to Produce? The Story of Marginal Revenue and Marginal Costs

Watch this video about how an apple farmer decides the optimal number of apples to pick. At the end of the video, consider whether or not the government should intervene. Think about which arguments you might make both supporting and disagreeing with the government acting in the market. In 3.2, we will cover specific ways the government might participate in the market.
Last modified: Friday, October 18, 2019, 12:11 PM