Price and output determination in short run (Diagrammatic representation)

  Рет қаралды 46,358

Pooja Rakhecha

Pooja Rakhecha

Күн бұрын

This lecture covers the Short run equilibrium of firm under perfect competition. In short run, A firm may face either super normal profit, normal profit or loss. I have explained these three situations with diagrams and their analysis.
Refer the link for further videos on perfect competition.
For Long run equilibrium: • Long run equilibrium o...
For short run equilibrium: • Perfect competition: I...

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