Perfect Competition: Economic Profit, Loss, & Shut-Down

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A brief video demonstrating perfectly competitive firms earning economic profits, losses, and then having to shut-down in the short-run. Part 1 of this series can be found at • Perfect Competition: H... . Part 2 can be found at • Perfect Competition: F... .

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8 июл 2010

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Комментарии : 29

@KylePurpura 10 лет назад

Glad it helped, John. Thanks!

@shelbybublitz6905 11 лет назад

So simple and clear, thank you!

@Zmoneyyy420 10 лет назад

so much better than reading a textbook!

@joaojunior2690 5 месяцев назад

what is the name of the book he used?

@JohnVandivier 10 лет назад

You're a winner dude. Great video.

@SuperDiwash 13 лет назад

thanks for the helpful demonstration...

@TheCollegeTutor 10 лет назад

very clear.. kept it up

@keyannagunn5912 10 лет назад

Thank u so much. we have been a great help. God bless

@jaychichu0404 11 лет назад

i have actually changed my mind of dropping this unit cause of this video..LOL .u made it so easy...God bless U !

@qcarson88 13 лет назад

You are seriously the man. Thanks

@KenMingFong 11 лет назад

Thanks a lot man!! Hehehe!! I just needed to clarify something written in my book. And you helped do that! Thanks!

@golddigger0325 7 лет назад

Do the MC, ATC, AVC curves always look like that? I thought that the shape would change dependig on the cost function, but I'm not sure

@r0cker6 13 лет назад

omg mannn thanksss!!!!!!!! u explain better than my professor who has a PHD seriouslyy 10xx i've understood everythingg :)))))))))

@nilesh5531 12 лет назад

thx man you made my works easy!!!!!thnx,,thnx,,thnx,,!!!

@mohammedhussein9281 8 лет назад

when will a firm earn a profit or incur a loss in competitive market? please answer me as soon as possible

@joaojunior2690 5 месяцев назад

Can you say the name of that book you use?😢😢

@musahkondama7638 5 лет назад

Thanks it helped 😘

@SugeethKumaraMadhuranga 8 лет назад

If MR=MC makes firm's profit maximize, how firms are having economic losses at that point too.

@jakobe2454 5 лет назад

instead of using the dry p=d=AR=MR couldn't you just say price. just a thought

@embroideryetc6467 5 лет назад

Jacob Clendenan what does AR mean? average revenue?

@olivezoo 2 года назад

why MC=MP

@stewhite13 12 лет назад

owen wilson is that you?

@shelbybublitz6905 11 лет назад

Ha ha: ) Owen wilson is secretly smart making rogue economic videos.

@MIMS207 4 года назад

Ha.. I kind of hear it

@olivezoo 2 года назад

P=D=MR=AP; why

@ranaabrar5888 6 лет назад

Better but not best

@Brutal1965 10 лет назад

WHY are economist so f'n dry??? This guy probably knows his stuff but good lord ad some life to your presentation, I feel like shoving a nail in my ear.