#31 long-run cost curves | TC, AC, MC | by Hardev Thakur

#31 long-run cost curves | TC, AC, MC | by Hardev Thakur
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In this video, we have talked about what is cost function and what are its type i.e. short Run and long-run cost function. We also revised our last video about short-run cost function in which we discussed about Total Cost (TC), Total Fixed cost (TFC), Total variable cost (TVC), Average total cost (ATC), Average Fixed Cost (AFC), Average Variable Cost (AVC), and MArginal cost curves (MC). after that, we talked about long-run cost curves i.e. Long Run Average cost Curve (LAC), Long Run Marginal Cost Curves (LMC), Long-Run Total Cost Curves (LTC). In the end, we discussed some important points to remember about cost curves or we can say long-run cost curves.
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You can Attempt the quiz for the long Run here :
letsdiscusseconomics.blogspot...
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#longruncostcurves #longruncostfunctions #longruntotalcost
#longrunmarginalcost #longrunaveragecost #shortrunandlongrun #hardevthakur #learntocompete

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Most comprehensive video on long-run cost curves I have seen till now. Thank you so much!!

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Thanku😊

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Thanks a lot lot lot sir. I was confused that why lac is not tangent to the lowest point of all the sacs

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Thankyou

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Explanation 🙌

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Explanation 👍👍🙏🙏

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Bhaiya in dono me koi difference hai kya cost in the short run and short run cost..??

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❤❤❤

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12:00 kya return to scale short run me nahi hota?

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The quiz blog page is not available

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Long run cost curve k numerical pure utube me mil ni rahe

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Long run total cost hmesha short run total cost ke curves ka minimum cost point kyu touch krta h or koi kyu nhi ?? Please tell.. 🙏

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Can explain in english

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Will consider that.. Thankyou fr your feedback🙏

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