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[Cost Theory] Part 6 | Output Elasticity wrt Total Cost | Relation with AC/MC | Numerical | 51| 

nishant mehra
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This video talks about
1. Basics of Cost Theory
2.Relation between AC and MC
3.Numerical Example
(REFERENCE : Varian,Ch 19)
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching

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20 сен 2024

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Комментарии : 8   
@Disha358
@Disha358 2 года назад
Sir, but final value of elasticity is half that means if one percent increase in total cost then output increase half a percent. Is it right?
@ankitkumar-uq7cu
@ankitkumar-uq7cu 3 года назад
Sir please start market structure
@rekhabhatt6829
@rekhabhatt6829 2 года назад
Plz provide lectures on direct t, indirect utility, hicksian compensated and uncompensated fun., Roy's identity, and other advanced micro topics
@VmlYdv
@VmlYdv 2 года назад
exactly tell me sir how find value in firm production....1. AC=20 AND MC=10 2. AC=MC=15
@richakedia3821
@richakedia3821 3 года назад
At 16:20 value of e would be half rather than 1? 2 is still left in the denominator. Isn't it? Sir, could you please clarify.
@shreyajain7817
@shreyajain7817 2 года назад
Hey i have the same doubt. I think it'll be 1/2
@utsariguptabhaya3722
@utsariguptabhaya3722 2 года назад
@@shreyajain7817 yes it's 1/2
@ankitkumar-uq7cu
@ankitkumar-uq7cu 3 года назад
Sir please cover market structure from basics to advance level
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