Instructional Video

Khan Academy: Allocative Efficiency and Marginal Benefit

Curated by ACT

This video gives scenarios that exemplify marginal utility and maximization. [14:09]

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Concepts
externalities
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Additional Tags
khan academy, khan academy: allocative efficiency and marginal benefit, marginal benefit curve, marginal cost, marginal utility, maximization, production possibilities, productive efficiency
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Classroom Considerations
  • Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional