Where is the follow-up video about efficiency in monopolistic competition?
@chhandacharankothari3755
2 жыл бұрын
Nicely explained
@emmanuelameyaw6806
3 жыл бұрын
Which career does all these stuff leads to...aside academia. Not sure if real businesses draw these curves or have data to draw these curves.
@ojassahasrabudhe3266
Жыл бұрын
By itself this does not help in many careers. But understanding these models helps develop a thinking framework that allows to better navigate the world. For example if you are a policy maker, you would need to decide rules that will allow for more firms to participate, or rules that give subsidies/incentives for first movers etc. Understanding what repercussions your decisions will have is important.
@tinagitonga
Жыл бұрын
I have finally understood
@KKHABITS
4 жыл бұрын
Very well explained
@professorindukoori
Жыл бұрын
Nice presentation. Are you writing in the other way or mirror image is given back with technology?
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