Graphical description of short and long run equilibrium in a monopolistically competitive market.
Пікірлер: 11
@bhtr1007 жыл бұрын
I have appreciated at your lecture and teaching technique.
@jikkumohan13 жыл бұрын
Finally I understood monopolistic competition
@autumnever28812 жыл бұрын
IMO, because this is monopolistic competition in which one of 4 assumptions is that there are VERY MANY of small sellers and buyers.
@cambokid1611 жыл бұрын
The D = MR in perfect competition, it's just showing a little insight with perfect though mainly just monopolistic overall
@phaldaz12 жыл бұрын
Hi; Thx for the awesome vid but I have one question; for a monopolistic competition, won't there only be only one producer in both short and long run? At least in the short run I'm kinda sure that then why did you count the effect of people entering the market because its really just dominated by that one producer right? Thx
@bspeconomics6 жыл бұрын
Hello sir, hope you fine, please help me out a confusion that in what condition the AR and MR touch the y-axis.
@n00bszpro9 жыл бұрын
where would average fixed cost be?
@coasteraddict1012 жыл бұрын
Why is there two MR curves/ D=MR=P and MR?
@TheW1ttyOne9 жыл бұрын
Surely, D=AR=P? Why does D=MR=P?
@bhtr1007 жыл бұрын
Because, the demand curve for a firm is perfectly elastic and labeled MR=D=AR=P.Now do you understand baby?