@@JosephineNakakembo-k3q kzbin.info/www/bejne/fZvNgIqrqdx6qqssi=F6iE2aP96vx_lJVF This is my new video that explains how to calculate profit maximising output, maximum profit, Average cost, Marginal Revenue, Marginal cost . Subscribe and click on the notification bell to access all my videos and also be notified when ever I upload a new video.

@@eloisadegila9583 kzbin.info/www/bejne/mqfEg6WumKiEfsksi=hMgDQBJqSoBggsez This is my second video on profit maximization. The video explains how to calculate profit maximising price, profit maximising output, maximum profit, marginal Revenue, marginal cost, Total Revenue and Total cost. Subscribe to my economics KZbin channel and click on the notification bell to get notified when ever I upload a new video.

@@aghimienadesuwa9901 at equipment, Qd=Qs. Therefore 2p - 1=4 Taking -1 to meet 4 becomes 2p=4+1 2p=5 Dividing both sides by the coefficient of p . We will have 2p/2= 5/2 P= 2.5

@@aghimienadesuwa9901 This our new video. That explains how to draw a demand curve when a demand function is given. Please subscribe to my economics KZbin channel. Click on the notification bell to get access to all my videos. Watch this video well so that when we get solving questions on price elasticity of demand , consumer surplus and producers surplus it will be easier for you.kzbin.info/www/bejne/manGYnich7Z4mrcsi=-jYcvrdGfmQCNfez

@@aghimienadesuwa9901 kzbin.info/www/bejne/mX_RgqOafs5jjdksi=069TNobnrT-fhuKs This is my new video on consumers surplus and producers surplus . The video explains how to calculate equilibrium price and equilibrium quantity.

@@MercyHampande-o5e kzbin.info/www/bejne/raque2iKYrqArLMsi=ezsKEX4Jbt76PnJ1 This is my new video that explains how to draw a market demand schedule from an individual demand function and market demand function. Subscribe to my economics KZbin channel and click on the notification bell to access all my videos and be notified when ever I upload a new video.

@@Gautamkr9042 kzbin.info/www/bejne/maS4XmePgaiMhKssi=IjFYvpvErl4j4dTr Finally our video on basic micro Economics concepts is out .Watch . If you find the video interesting let me know in the comments section. If you find the video helpful please share. If you want to get more videos in micro and macro economics subscribe and click on the notification bell and don't forget to like

I’m asking about consumer surplus and producer surplus

Say Qd=90000-6000p Qs=600p

@@Naryah. Please send a sample question and I will solve and send it to you for better understanding.

@@Naryah. Ok I'll do a video on this

So with the above demand and supply function, you are to find the I. equilibrium price and quantity II. Tax imposed $20 per unit III. Tax revenue IV. Subsidy $20 per unit V. Consumer and producer surplus at equilibrium VI. Calculate and interpret the price of elasticity of demand and supply at equilibrium

You are welcome

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kzbin.info/www/bejne/fZvNgIqrqdx6qqssi=F6iE2aP96vx_lJVF This is my new video that explains how to calculate profit maximising output, maximum profit, Average cost, Marginal Revenue, Marginal cost . Subscribe and click on the notification bell to access all my videos and also be notified ever I upload a new video.

Welcome dear. You can share to your friends to help them

Thanks alot sir. Am real satisified

My question is why did you multtiply by quantity in ATC to get TC instead of dividing by quantity

kzbin.info/www/bejne/fZvNgIqrqdx6qqs This another video on profit maximization

Watch similar video kzbin.info/www/bejne/maS4XmePgaiMhKssi=H3K7w_qNWceKif3s

What should I solve for?

Watch this video and you will be able to answer your question. kzbin.info/www/bejne/mqfEg6WumKiEfsk

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Price (dollars per gallon) Quantity demanded in July (gallons per day) Quantity demanded in November (gallons per day) Quantity supplied (gallons per day) 2.00 300 150 0 2.50 250 100 100 3.00 200 50 200 3.50 150 0 300 4.00 100 0 400 4.50 50 0 500 5.00 0 0 600 a) Draw the market demand and market supply curves. What is the equilibrium price and equilibrium quantity of ice cream in July and November? Is the allocation of resources efficient in July? Is it efficient in November? (10 marks) b) What is the maximum price that consumers are willing to pay for the 100th gallon of ice cream in July? In November? What is the minimum price that producers are willing to accept for the 100th gallon in July and November? (10 marks) c) What happens to consumer surplus and producer surplus in November compared to July

please help me

kzbin.info/www/bejne/mqfEg6WumKiEfsksi=hMgDQBJqSoBggsez This is my second video on profit maximization. The video explains how to calculate profit maximising price, profit maximising output, maximum profit, marginal Revenue, marginal cost, Total Revenue and Total cost. Subscribe to my economics KZbin channel and click on the notification bell to get notified when ever I upload a new video.

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Our new video on how to calculate price Elasticity of supply is out. Subscribe like and share. If you find it helpful let me know in the comments section . kzbin.info/www/bejne/i4ibeZeQhs-JpM0si=d_9PxJmLgiN4GLYq

It's the currency of my country

In my next videos I will be using dollars because it's popular. Thank you

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Our new video on how to calculate price Elasticity of supply is out. Subscribe like and share. If you find it helpful let me know in the comments section . kzbin.info/www/bejne/i4ibeZeQhs-JpM0si=d_9PxJmLgiN4GLYq

kzbin.info/www/bejne/ZpDZp2BupZKfldksi=TbFBPzqsR5Dw5Ixx This is my new video on how to calculate price elasticity of demand.the video also helps to interpret the coefficient of elasticity Please watch, like, comment and you find the video helpful please share

Thank you so much

Our new video on how to calculate price Elasticity of supply is out. Subscribe like and share. If you find it helpful let me know in the comments section . kzbin.info/www/bejne/i4ibeZeQhs-JpM0si=d_9PxJmLgiN4GLYq

Please Check and correct the Demand function

Check the demand function "Qd =50000 - 10000"

Qs= 10 000Pand Qd = 50 000- 10 000P calculate the price and quantity did got 25000 Qd and price 2,50

Am I on the right track

Qs= 10000p , Qd = 50000 - 10000p At equilibrium Dd =Ss 50000 - 10000p =10000p Collecting like terms we have 50000 = 10000p + 10000p 50000= 20000p 50000/20000=20000p/20000 P= 2.5 Substituting the value of P in the demand function we will have. Qd =50000 - 10000(2.5) =25000 units Therefore. Equilibrium price ,p =2.5 And equilibrium quantity Q = 25000 units

Thank you so much bro

Thanks

Thank you so much

When the price range is not given we use the price intercept in the demand function and in the supply function. Look at this other video kzbin.info/www/bejne/raque2iKYrqArLMsi=wvWtIpAxzNgAmioZ

It depends on the question asked. Also watch this video and understand more kzbin.info/www/bejne/mX_RgqOafs5jjdk

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Ok noted in our next videos I will do it

kzbin.info/www/bejne/mqfEg6WumKiEfsksi=hMgDQBJqSoBggsez This is my second video on profit maximization. The video explains how to calculate profit maximising price, profit maximising output, maximum profit, marginal Revenue, marginal cost, Total Revenue and Total cost. Subscribe to my economics KZbin channel and click on the notification bell to get notified when ever I upload a new video.

Thank you so much. Please keep sharing.

@@Endu3299 This our new video. That explains how to draw a demand curve when a demand function is given. Please subscribe to my economics KZbin channel. Click on the notification bell to get access to all my videos. Watch this video well so that when we get solving questions on price elasticity of demand , consumer surplus and producers surplus it will be easier for you.kzbin.info/www/bejne/manGYnich7Z4mrcsi=-jYcvrdGfmQCNfez

I make the videos short and straight to the point. I promise my next videos will be longer. Thank you.

Check this video kzbin.info/www/bejne/mX_RgqOafs5jjdksi=mc1cFbKASPmM0R57

Thank you . Tomorrow I will do videos on price elasticity of demand, price elasticity of supply, income elasticity, cross elasticity of demand , consumer surplus and producers surplus. and price controls.

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Thank you I will improve on the image quality. Check this other video and tell me if the image quality has improved kzbin.info/www/bejne/jJfYgoB-h6aiZ7ssi=QEk4nj5E1OLCVMmz

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Thank you, I will