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Long run supply curve in constant cost perfectly competitive markets | Microeconomics | Khan Academy 

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A constant cost industry is an industry where each firm's costs aren't impacted by the entry or exit of new firms. Learn about the difference between the short run market supply curve and the long run market supply curve for perfectly competitive firms in constant cost industries in this video.
AP(R) Microeconomics on Khan Academy: Microeconomics is the study of individual decisionmakers in an economy, such as people, households, and firms. Learn how markets work, how incentives drive decisionmaking, and how market structure influences market outcomes. We hit the traditional topics from an AP Microeconomics course, including basic economic concepts, markets, production and costs, profit maximization perfect competition, imperfectly competitive market structures, game theory, factor markets, and income inequality.
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
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12 мар 2019

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Комментарии : 8   
@nancyshadwani5306
@nancyshadwani5306 3 года назад
Very well explained!! ❤️👍
@TheMrsMane
@TheMrsMane 3 года назад
Thank you! I love you
@yma8330
@yma8330 3 года назад
Thanks for your video! It is very clear. Super like it. I have a little question about the total profit at the second equilibrium point. The total profit should be: (the price P' - the average cost at the intersect point of ATC curve and Q=Q') × quantity Q'. Isn't it? Please correct me if I made a mistake. Thanks! :)
@ARUNKUMAR-bu6jd
@ARUNKUMAR-bu6jd 5 лет назад
Love you Sirrr!!! Good job 👍 First like.... 😂
@sydtem6691
@sydtem6691 5 лет назад
Hi can u show me how to do A class chemistry
@nnoemie
@nnoemie 5 лет назад
My teacher loves u lol
@user-qf9jh2oh7m
@user-qf9jh2oh7m Год назад
❤🙏
@olivezoo
@olivezoo 2 года назад
short run?
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