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Instructional Video

Khan Academy: Cost Minimizing Choice of Inputs

Curated by ACT

Learn about how firms determine the optimal combination of capital and labor in this video. [10:29]

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Concepts
factors of production, labor
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Additional Tags
capital, factor markets, khan academy, khan academy: cost minimizing choice of inputs, marginal factor cost curve, marginal product of capital, marginal revenue product curve, price of labor
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Resource Details
Grade
9th - 10th
Subjects
Social Studies & History
2 more...
Resource Type
Instructional Videos
Audiences
For Administrator Use
2 more...