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Economics: Marginal Cost and Average Variable Cost for a bundle of videos on Average Costs. For an even broader bundle of videos that cover Average Costs and Production and Costs, check out . To search for topic-specific help in our library of 250+ video products for Economics, please refer to our Economics category at: . To check out our full Economics video course, with 250+ videos included, refer to: . Or, for access to this single video, go to: . This video lesson will help you to understand the relationship between Marginal Cost (MC) and Average Variable Cost (AVC). Taught by Professor Tomlinson, this video lesson was selected from a broader, comprehensive course, Economics. This course and others are available from Thinkwell, Inc. Steven Tomlinson teaches economics at the Acton School of Business in Austin, Texas. He graduated with highest honors from the University of Oklahoma and earned a Ph.D. in economics at Stanford University. Prof. Tomlinson's academic awards include the prestigious Texas Excellence Teaching Award given by the University of Texas Alumni Association and being named "Outstanding Core Faculty in the MBA Program" several times. He has developed several instructional guides and computerized educational programs for economics.
Length: 02:33


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