The Short-Run Shut-Down versus the Long-Run Exit/Entry Decision in Perfect Competition

Hi everyone in this video I'm going to discuss the difference between the shutdown decision in the short run and the entry exit decision in the long run for our perfectly competitive firms.
0:00 Introduction
0:12 Short Run Shut Down Rule
6:42 Long Run
Associated Practice Problem: • Practice Problem: Shut...
Keep Happy Everyone!!

[@moonson6672]

thank you. Your videos are very helpful, I can't stress that enough.

[@econhelp_official]

You’re welcome ☺️ thanks so much for the comment!!