MR=MC The Profit Maximization Rule

Поделиться
HTML-код
  • Опубликовано: 27 дек 2024

Комментарии • 30

  • @AsadKozibaev-k6d
    @AsadKozibaev-k6d Год назад +6

    You have taught me a thing in minutes, which my econ professors couldn't during the whole semester

  • @lewenkingdom5002
    @lewenkingdom5002 Месяц назад

    U are the best economic teacher

  • @aleksastanojevic475
    @aleksastanojevic475 2 года назад +4

    Great explanation! Thanks

  • @pulkeshsharma6603
    @pulkeshsharma6603 3 месяца назад

    Thankyou so much sir. I have been trying to understand this topic from alot teachers, but ended with your explanation. That is really very good

  • @mashaprima3847
    @mashaprima3847 2 года назад +6

    you just passed me in Econ. thank you

  • @kaykaytvcanada3903
    @kaykaytvcanada3903 Месяц назад +1

    hi, i checked your YT and saw only few uploads. why stop when you can explain well?

  • @undeadsatan3317
    @undeadsatan3317 7 месяцев назад +1

    Sir, you're a legend!

  • @AbdulAziz_1261
    @AbdulAziz_1261 14 дней назад

    well explained

  • @shaaly4072
    @shaaly4072 Год назад

    Now i understand how to look at these graph. Thanks

  • @tannahmutune8245
    @tannahmutune8245 2 года назад +1

    That was very helpful..thank you so much

  • @IsacRajan97
    @IsacRajan97 6 месяцев назад

    Good Explanation!! It helped.

  • @raniavlachou2030
    @raniavlachou2030 11 месяцев назад

    thank you very much , great explanation

  • @mahekahuja6780
    @mahekahuja6780 2 года назад +1

    Technically a firm should earn more profit if MR is greater than MC because when MC = MR it should be no profit no loss situation? But according to our textbooks when MR=MC the profit is maximum
    I need help understanding it

    • @archivebynima
      @archivebynima 2 года назад

      From what I have understood so far, the point where MR=MC is where profit maximisation occurs because when you go further to the right until it reaches the point, you are producing additional units of output, thus maximising profit. However, if MR is greater than MC, you aren't maximising profits because you aren't producing additional output that can earn greater profits. I hope this makes sense, sorry if it doesn't.

  • @__Bs._82
    @__Bs._82 Месяц назад

    Understood.

  • @mst.rupalyakter8943
    @mst.rupalyakter8943 7 месяцев назад

    Its so useful for me sir.

  • @carolinagordillo1209
    @carolinagordillo1209 Год назад

    You are amazing!!!❤❤❤❤

  • @NikhilDevarajThegamer
    @NikhilDevarajThegamer 2 года назад +2

    This makes sense now!

  • @jasonfifty5
    @jasonfifty5 8 месяцев назад

    Thank you so much professor.

  • @Force_of_nature_007
    @Force_of_nature_007 2 года назад +1

    its very helpful

  • @martinkabinga4785
    @martinkabinga4785 5 месяцев назад

    This is good

  • @PartnerWithAngela
    @PartnerWithAngela 7 месяцев назад

    Finally got this

  • @Ana-Nas
    @Ana-Nas 5 месяцев назад

    Wow, one of the best economics videos; I did not realize I should draw the vertical lines up to the lines... wow

    • @pulkeshsharma6603
      @pulkeshsharma6603 3 месяца назад

      Me too😅

    • @DaskDask-nm7zu
      @DaskDask-nm7zu 22 дня назад

      That's because you shouldn't it's a mistake 😊

    • @Ana-Nas
      @Ana-Nas 21 день назад

      @@DaskDask-nm7zu what??? Can you tell more?

  • @KM-fh4wt
    @KM-fh4wt 2 года назад

    Nice

  • @meselechseyoum-f7k
    @meselechseyoum-f7k 11 месяцев назад

    thank you

  • @brightkyereh9160
    @brightkyereh9160 2 года назад

    Consumer price index

  • @kafrikotroll8610
    @kafrikotroll8610 Год назад

    You rock 👏