Calculus Proof of Perfect Competition

Tutorial on the perfect competition using calculus. In this tutorial I prove that profit is maximized when Marginal Revenue = Marginal Cost (MR = MC). This is typically taught in a microeconomics class.
Like us on: / partymorestudyless
Link to Playlist on Perfect Competition
• Perfect Competition

[@b.g.3851]

Thanks! I have not had calculus yet but I still found this helpful in understanding why this is so. I have had pre-calculus algebra. If others watching have not had calculus yet, you might still want to watch it as long as you have some algebra.

[@economicsfun]

Always wonderful to hear that videos are filling in the gap.
Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.

[@dannymiller504]

My, what a soothing voice you have. "All the better for explaining economic theory to you, my dear" would be my pocket retort, in this case.

[@crizzamarie]

Thank you, this is very helpful. Just finished all of your three videos. I learned it faster than it was taught in my class.

[@mdureva]

so good explanation - you cannot find that in books!! Thanks very much!!

[@laurynai]

Great channel, very clear information 🧑‍💻

[@economicsfun]

@xbsl123x Thanks for your feedback and that is hard to do. It is something I strive for concise, clean to the point. I have often thought of making different versions of the same video for the novice, intermediate and advanced student. Thanks again.

[@economicsfun]

@Horsefording That is a great suggestion. I plan on making a series of companion videos on the "economics of life" where I explain the economics of why people post on facebook or RUclips.

[@mkhanduri]

Great presentation and concepts are elaborated so well. Thanks for sharing such videos.

[@economicsfun]

+Mayank Khanduri You are very welcome.

[@Horsefording]

Great video. I would have one request that you bring in a little more of why things happen. Great explanations of what happens, but I still go away feeling that I have to remember what happens instead of being able to deduce what happens because I know why they happen.

[@OnFaYa]

great video! It really helped me understand wth my prof was scribbling on the board

[@MrMarkgyuro]

i wnated to get deeper into economics after implementing the theory! thank you for your clear videos!

[@profusionfitness]

keep up the good work ! the way you are presenting everything is great ! everythings really clear :) Thank you !

[@mmchaava]

very good presentation; incredible teaching skill

[@economicsfun]

MacDonald Chaava Thank you!
If you get a chance like, share the videos (and www.Facebook.Com/PartyMoreStudyLess). This will help others find the videos.
Good luck in your studies too.

[@economicsfun]

@knallbirne3000 Thanks! Appreciate the feedback and I hope the vids help you get an A in your classes.

[@AsgharKhan-fd1ul]

calculus jst clears everything. thanx

[@matthewkapesa5689]

This is helping me to understand thank you so much.

[@nanayawsonmeshack6831]

i love ECONOMICfun. great work

[@drallisimo34]

cool!!!

[@tyrians6376]

Why doesn't this same proof apply to monopolies?

[@dimitriysokolov1257]

+1

[@user-wl2xj1tx1z]

You are right. My book sucks compared to this way to teaching.

[@knallbirne3000]

Sorry, but i have to disagree and say your videos are perfectly sized and everything top !