How to Calculate Profit Maximising Price, Profit Maximising Output and Maximum Profit when MR=MC

  Рет қаралды 3,752

Sam's Economics tutorials

Sam's Economics tutorials

6 ай бұрын

This is my second video on profit maximization. The video explains how to calculate Total Revenue, Total Cost, marginal Revenue and marginal cost.

Пікірлер: 9
@janesele
@janesele 3 ай бұрын
I love the way you broke it down. I understood everything, thank you
@SamsEconomicstutorials-jn9dc
@SamsEconomicstutorials-jn9dc 3 ай бұрын
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.
@SamsEconomicstutorials-jn9dc
@SamsEconomicstutorials-jn9dc 3 ай бұрын
Welcome dear. You can share to your friends to help them
@bakarimasalu8982
@bakarimasalu8982 2 ай бұрын
Thanks alot sir. Am real satisified
@bakarimasalu8982
@bakarimasalu8982 2 ай бұрын
My question is why did you multtiply by quantity in ATC to get TC instead of dividing by quantity
@SamsEconomicstutorials-jn9dc
@SamsEconomicstutorials-jn9dc 2 ай бұрын
kzbin.info/www/bejne/fZvNgIqrqdx6qqs This another video on profit maximization
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