Efficiency in Perfectly Competitive Markets

This less will explain in detail what makes perfectly competitive markets economically efficient.
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 services to support economics students and teachers. Learn more here! econclassroom.com/?page_id=5870

[@candacelouiseable]

I just wanted to thank you. I have a microeconomics final coming up in two days and watching all your videos has really helped me understand the textbook more. After spending hours watching these videos and now reading my notes, i'm finally starting to grasp it all! I've already recommended your videos to others in my class! THANKS AGAIN! :)

[@DFPFTW]

How the fuck do you know all of this shit

[@davidturay4160]

The lecture is well comprehensive, the difference between productive efficient and allocative efficient. Thank you Mr.Welker for your professional lecture.

[@kasunai20]

Beautifully illustrated. You have actually dwarfed my kilimanjalo. thanks Jason

[@MrKidRiot]

...I learned more from this video than my Intermediate Microeconomic Theory course. Very nice.

[@DAVIDCHOI1224]

So much detail, thanks !

[@shybandz7653]

thank you so much! i learned a lot from your video. More power. God bless :)

[@BeyondSkys09]

You sir are like the KING of Economics. Fantastic video, very well explained! Understood the topic 100% LIke others have suggested though, can you do a video explaining dynamic efficiency ?

[@LeeMinglana]

this totally helped for my understanding thank you so much.

[@Tay7Soph]

Great video! thanks a lot for the help-exactly what i was looking for :)

[@harshalparekh3831]

Thanks !! youre explanation was the help I was searching for. I'm subscribing. please don't disappoint is the upcoming videos.

[@sunainapandita8703]

Thank u sir. This video cleared all my doubts

[@yuruncai8653]

Nice video and I learned a lot. Thx!!!

[@educationguideyt]

thank you so much

[@DevvDev]

Hey, great video, its really helpfull with my studies but what about dynamic efficiency though?

[@imsupriya1999]

i love u man u help me so much

[@ananddigly5530]

nice video its really helpful for my teaching

[@georjozh]

bless ur videos

[@yemcity7867]

a million thank

[@DFX1126]

Deym your well spoken

[@alfianmm]

what about dynamic efficiency?

[@mdvasil8144]

Thanks

[@mahadiarian9093]

can u pls explain why productive efficiency is not possible without allocative efficiency?

[@lokkahou5489]

like it!!!thx~

[@GlasgowMick50]

Speak faster !!!! i have like an hour to understand and write a large essay on this shit!

[@sreitumetse]

wow...

[@rohinisingh143]

tf maybe you should increase speed or something rather than telling the guy anything haha

[@keyingzhou5153]

Why you complained about this? You should be grateful because this guy devoted. How can you be soooo rude????? Unbelievable.