Demand, Marginal Revenue and Profit Maximization for a Perfect Competitor
17:04
YouTubeJason Welker
Demand, Marginal Revenue and Profit Maximization for a Perfect Competitor
This video explains how an individual firm in a perfectly competitive market should decide the best quantity to produce to maximize profits. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other ...
135.4K viewsFeb 10, 2012
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