This video goes over the basics of profit maximization for a perfectly competitive firm. We explore the profit maximizing point graphically by comparing marginal cost with marginal revenue. The perfectly competitive market structure is interesting because it has a constant price and average price because it is a price taker.
More information is available at www.freeeconhel...
Негізгі бет Perfect Competition and Profit Maximization
Пікірлер: 105