Maximizing Profit Practice

In this video I explain how to identify the profit maximizing quantity and calculate total revenue and profit. MR=MC is the most important concept in microeconomics. Thanks for watching.
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+Andrew Procknow Good luck

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You just earned a new follower good sir. This 3:46 second video taught me more than the last 2 weeks did trying to learn profit maximization from an online book. Thank you Jacob!

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Understood what I was not able to understand for the last 2 months Never Stop making these life saving videos...

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You are brilliant Mr Clifford. Good job, and you make this seem so easy and in such a little time too.

[@Patback22]

2:33 correction i think.. TR = Price x Quantity and there for it should be "the firm is selling 5 units at $30 which equals 150 as the TR"

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Learned the concept of maximizing profit in less than 5 minutes. WORTH IT.

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I have been struggling to calculate MC so long, thank you so much

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Can you make a video on monopolies, monopolistic competition, and oligopolies?

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"MR doesnt always have to equal MC" This may be the most useful advice Ive ever heard

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finally understand how maximize the profit！！very useful！ THX

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