Thanks for your video! It is very clear. Super like it. I have a little question about the total profit at the second equilibrium point. The total profit should be: (the price P' - the average cost at the intersect point of ATC curve and Q=Q') × quantity Q'. Isn't it? Please correct me if I made a mistake. Thanks! :)
Does this mean in the long-run, in a constant cost industry, the quantity in the industry will increase if demand increases, but the quantity in the firm will always remain the same?
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You're the GOAT, Sal Khan.
Very helpful, thank you.
Thank you! I love you
Thanks for your video! It is very clear. Super like it. I have a little question about the total profit at the second equilibrium point. The total profit should be: (the price P' - the average cost at the intersect point of ATC curve and Q=Q') × quantity Q'. Isn't it? Please correct me if I made a mistake. Thanks! :)
Very well explained!! ❤️👍
Thank you sir ❤
Does this mean in the long-run, in a constant cost industry, the quantity in the industry will increase if demand increases, but the quantity in the firm will always remain the same?
Love you Sirrr!!!
Good job 👍
First like.... 😂
Hi can u show me how to do A class chemistry
My teacher loves u lol
short run?
❤🙏