#30 Short run cost function | TC, AC, MC | By Hardev Thakur

[@LearntoCompete]

Let's find out how much you know about the cost function. Attempt the Quiz: letsdiscusseconomics.blogspot.com/2021/03/cost-function-mcqs-tc-ac-mc.html

[@alkayadav8081]

Explanation is lucid🥰cost function is the relationship between cost and output. There are two types of cost function -short run and long run. In short run some factors are fixed and some are variable, In long run all inputs are variable. Average fixed cost is the total fixed cost upon quantitu average variable cost is the total variable cost upon quantity. Average total cost or average cost is the total cost upon quantity. The shape of average fixed cost is horizontal to the X-axis. The shape of total fixed cost is horizontal to x axis, the shape of total fixed cost and total variable cost os first concave downward and then concave upward.

[@akashshetwe5187]

I never comment on videos but you have taught so well it made me leave a comment.Thank you a lot !

[@amritagurjar337]

Sir Economics m apke jesa koi duja ni Eng. Medium walo k liye ap msiha ho sir Thank uuuuuuu sir

[@meghasantra2612]

Sir aap bahut aacha explan Karte hai... Apke wajase najane kit ne student ke concept clear ho gai un me se mai bhi ek hu...thank u.....and keep it up

[@priyankamendon3230]

Very easy to understand, thank you for posting videos

[@subhasismishra3188]

Sir aap k video se concept clear ho jata hai....Thank u

[@rameshwarkharkate346]

Best Explanation Thank you so much Sir ❤❤❤

[@g11karishmas97]

Very very very clean and clear explanation 🙏🙏🙏👏👏👏👏

[@DiyaBhatt1225]

Aap guru ho hamare, shukriya!!!

[@AJAYKUMAR-ry1xj]

Good, contributions. A lot of thanks.

[@124sakshisheth5]

Thankyou so much❤ after this video my all doubts got cleared. Perfect explanation, perfect examples. Really Sir Thankyou so much ❤🙏🏽

[@LearntoCompete]

Thankyou🙏. Please subscribe and share🤝

[@124sakshisheth5]

Already did❤

[@chandarajak8245]

Nice sir aap bht acha pdhate h bht hi acha ❣❤

[@AnshikaSingh-qr5xs]

Thanks sir for giving best explanation

[@dollarchhabra3965]

Beautifully explained !!! loved this video

[@akanshajain8211]

Your videos are really helpful

[@LearntoCompete]

Glad you think so!

[@salonirai2309]

Very well explained!

[@saritarani9351]

Really, your video helps a lot☺️

[@laxmanbiharivyas8930]

What an explanation. No words to praise. Hats off to u. I watch ur all videos sir.

[@LearntoCompete]

Thankyou for watching... Please share with you friends as your one share will motivate us to come up with new videos.🙏

[@waliulislam2336]

Love from Bangladesh

[@hihihihihihi9041]

Very nice❤

[@shreyapednekar]

The graph and table explanation was so good 👏🏻👏🏻👏🏻

[@__Bs._82]

Thank you🙇🏻‍♀️

[@NimiishkNimiishk]

Lanrange therom b explain kr dyn

[@shreyapednekar]

This was so great! Never thought this would be so easy to understand. Thank you so much! 🙌🏻

[@jaysikhajesli4853]

I have a doubt that can we take tvc any amount that we want or is there any certain method to find tvc when output is 10 i.e. the first tvc?

[@parul5669]

At every level of output TVC = AVC ×Q

[@surajparkash3572]

nice explanation

[@royaljat84]

Very well explained 👍

[@Aarya-ud9nj]

thankyou sirr

[@simran7761]

tooo good

[@garimakamboj9561]

Great!

[@gourimohapatra2076]

Thanks a lot

[@faheem__08]

Thank you 💛

[@GhulamMustafa-gr9bh]

Sir! Jab output=0 hogi to AVC=AFC=ATC=infinite lakan ap nay AVC=AFC=ATC=0 lekha plz explain

[@hanumanhindusthani7436]

Na to 0 hota or na hi infinite hoga jab output hi 0 hai to kuch bhi define nhi hoga so _ aa jayega

[@priyanshubisht1220]

Jod💚🔥

[@poojaverma7899]

Thanks...........

[@VmlYdv]

Explain the mathematical form and properties of spillman production function.

[@ainajhatial9414]

Thanks 👍

[@jagroop200]

Hello sir, is output column value is randomly assumed ?

[@shivani_aggarwal82]

Sir plz do a video on long run also as soon as possible.. my exams are near

[@Sirvik11]

Sir, TVC and TC curves ka graph toh inveresely S shaped hota h or I actually mean to know the reason of inveresely S shaped curve of TVC which you didn't talk about at all. Please make it clear sir

[@bilal_ali]

Best

[@minkishah7364]

How can tvc be a straight line in many books it is inverse s shape and reason is bcoz of law of variable proportion .

[@LearntoCompete]

Yes you r right. Its just to simplify so that they first understand that TVC curves are upward sloping, Watch long Run cost function video there i explained why i showed it straight line🙏

[@bikramchampati7954]

Sir TVC CURVE INVERTED S SHAPE

[@shacheetiwari7865]

❤️❤️

[@Vipersnke]

Why am I getting different answers for MC with this formulae TCn - TCn-1

[@GhulamMustafa-gr9bh]

Sir! When output=0,AFC=infinite but according to you AFC=0 how it is possible? We know that AFC=FC/Q when Q=0 ,AFC=infinite

[@bikramchampati7954]

AFC ZERO NEHIN HOGA KABHIBHI

[@mudasirwani6063]

Tvc and tc curve cannot be a straight line curves. They are actually inverse S shaped

[@nidhisharma7113]

Sir please clear me is this true or false. ' MC can never be constant in short run '

[@SHANTIKUMARIMASEM]

❤️❤️❤️❤️❤️

[@muhammadabuzar4509]

1.Total cost is equal to: a. Total receipts-GP b. GP-TOTAL Receipt C. Non of these. 2. The basis of international trade and the reason many economists oppos productive tariff is the law of a. Diminishing returns b. Comparative advantage C. Diversification Plz sir correct answer

[@SonikaJain-u2b]

Graph is incorrect 😞

[@mdrobinbhuiyan8824]

❤❤❤❤❤