Business Calculus: Average vs. Instantaneous Rates of Change - Section 3.3

Learn the fundamental concepts of rates of change in business calculus through a detailed 38-minute mathematics lecture that explores both average and instantaneous rates of change. Master the definition and graphical interpretation of average rate of change, work through examples calculating function changes over specific intervals, and understand instantaneous rate of change using limits. Apply these mathematical concepts to real-world business scenarios through practical examples of marginal revenue calculations.