Revenue | Easiest Explanation | Micro economics | Chapter 7

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  • Опубликовано: 25 дек 2024

Комментарии • 336

  • @GouravAgrawal-r1k
    @GouravAgrawal-r1k Год назад +642

    We should appreciate this person who is working for us on Diwali also

    • @mehupagal5747
      @mehupagal5747 Год назад +36

      No this is his way of earning revenue

    • @SkerryGaming
      @SkerryGaming Год назад

      ​@@mehupagal5747bro agar unhe paiso se matlab hota to wo kisi aap per paid padha lete unke bhauth se offer aaye honge but wo Hume free mai RUclips per padha rahe hai 🙏🙏

    • @AbhishekPandey-bi2rg
      @AbhishekPandey-bi2rg Год назад +8

      ​@@mehupagal5747 bt to shi kri h 😂🤣

    • @anuradha2420
      @anuradha2420 Год назад +7

      True .....he is the best teacher ever I had seen till now.❤❤u are the best sir❤❤

    • @hanzala__07
      @hanzala__07 Год назад +12

      And this person is also earning on Diwali 😅

  • @shalini2001
    @shalini2001 Год назад +103

    🎯 Key Takeaways for quick navigation:
    00:51 📦 *Revenue Definition and Types*
    - Revenue explained as the income generated from selling goods/services.
    - Three types of revenue: total, average, and marginal revenue.
    01:17 📊 *Components of Revenue*
    - Total Revenue (TR), Average Revenue (AR), Marginal Revenue (MR) defined.
    - TR calculated by price multiplied by quantity sold.
    02:00 💰 *Understanding Total, Average, and Marginal Revenue*
    - Total Revenue: Total income from goods/services sold.
    - Average Revenue: Revenue per unit sold.
    - Marginal Revenue: Additional revenue from selling one more unit.
    03:03 🧮 *Calculating Marginal Revenue*
    - Marginal Revenue determined by changes in total revenue divided by quantity changes.
    - Helps understand additional income by selling additional units.
    04:02 📈 *Relationship Between Average Revenue and Price*
    - Average Revenue often equated with the price of a product.
    - AR sometimes referred to as the price in economic contexts.
    04:16 📊 *Revenue Calculation Basics*
    - Average revenue's relationship with price and quantity.
    - Total revenue calculation from sales of a given quantity of a commodity.
    - Marginal revenue and its link to additional units sold.
    05:41 📈 *Revenue, Demand, and Curves*
    - Relationship between the demand curve and the revenue curve.
    - Exploring the concepts of average revenue and price equality per unit sold.
    - Illustrating the buyer's demand curve and its graphical representation.
    06:38 📉 *Revenue Relationships: Concepts*
    - Understanding concepts related to revenue relationships: When price remains constant and when price decreases concerning output.
    - Different types of sellers in the market concerning price consistency and fluctuations.
    07:18 📚 *Revenue Relationship Concepts*
    - Diving into two core concepts: when price remains constant and when price fluctuates concerning output.
    - Differentiation between scenarios where sellers maintain a consistent price versus those with varying prices based on units sold.
    08:02 📊 *Understanding Perfect and Imperfect Competition*
    - Distinguishing perfect and imperfect competition:
    *- Perfect competition involves a constant price determined by the market.*
    *- Imperfect competition sees price variations based on output levels.*
    09:46 💰 *Revenue Calculation in Different Market Scenarios*
    - Revenue calculation scenarios:
    *- Under perfect competition, total revenue stays constant despite the quantity sold.*
    *- Imperfect competition affects total revenue as price shifts with the quantity sold.*
    11:18 📈 *Marginal Revenue Determination in Market Conditions*
    - Understanding marginal revenue:
    *- Deriving marginal revenue by subtracting the total revenue of the previous quantity from the total revenue of the current quantity.*
    *- Differentiating between perfect and imperfect competition in determining total revenue and marginal revenue.*
    12:26 📈 *Revenue in Perfect Competition*
    - Perfect competition implies fixed prices, no changes allowed.
    - Regardless of quantity sold, additional units bring in the same revenue at the same price.
    - Changes in quantity sold don't affect the additional revenue, it stays constant.
    13:35 🔄 *Relationship between Output and Price*
    - Perfect competition maintains a constant price regardless of output.
    - Firms don't influence prices; they sell at the market price set by demand and supply.
    - Direct relationship exists between output and revenue; output increases, revenue increases accordingly.
    14:17 📉 *Elasticity in Demand Curves*
    - Perfectly elastic demand curves have a horizontal line parallel to the x-axis.
    - Inversely, perfectly inelastic demand curves slope vertically.
    - Direct relationships between output and revenue define the curves: when one increases, so does the other.
    20:15 📈 *Revenue impact based on AR and MR slopes*
    - Understanding competitive and perfect markets: AR and MR slopes differ.
    - AR is the falling rate, while MR can be zero, negative, or positive.
    - In perfect competition, AR and MR coincide, but in imperfect markets, they diverge.
    21:12 💹 *Impact of market structures on Total Revenue*
    - Perfect competition shows how AR and MR align.
    - Imperfect competition demonstrates how AR and MR differ, affecting Total Revenue.
    - Analyzing how Total Revenue changes with MR's positivity or negativity in different market structures.
    22:17 💰 *Understanding profit shifts in pricing strategies*
    - When MR is negative but Total Revenue rises, initial price reductions to increase sales occur.
    - Despite lower profits initially, increased sales can offset this.
    - An examination of scenarios where MR hits zero, aligning with the highest and then declining to negative, impacting sales and profit.
    23:28 📉 *Examining AR, MR, and their impact on pricing*
    - MR's positivity influences Total Revenue positively until MR hits zero.
    - Beyond nine units, the highest point is determined, and MR's negativity leads to a decline in Total Revenue.
    - Understanding the start of a decline as MR turns negative, impacting pricing strategies.
    Made with HARPA AI

  • @SomKumar-c4e
    @SomKumar-c4e Год назад +43

    Sir you are the best teacher i had ever seen in my 11 years of study life

  • @ANCLYRICS
    @ANCLYRICS Год назад +180

    EXAMS ARE NEAR 📕
    BUT TOPICS NOT CLEAR😔
    WHY TO FEAR😮‍💨
    WHEN RAJAT ARORA IS HERE 😎😎,
    By the way, great fan of your way of teaching sir.

  • @Gulabkhan-v2q
    @Gulabkhan-v2q Год назад +15

    Itne ache teacher humhe schl main kyu nhi milte pr u tube pr rajat sir jaise itne ache teacher mile hai joh hamare leye ek firashte se km nhi thank you sir for giving me precious time

  • @utkarshpandit1423
    @utkarshpandit1423 Год назад +11

    Sir you are god for students in commerce stream.. 💗🥺.. because you explain very understandable..

  • @heerdoshi7435
    @heerdoshi7435 Год назад +27

    Happy Deepawali Sir 🪔 with lots of love ❤️ and thank you🙏🏻 or your efforts 💝😊🥰

  • @AonullahAon
    @AonullahAon Год назад +5

    Student of bs accounting and finance, kia kamal ka smjhaty hn sir app bai maza a jata hy
    Love from Pakistan 🇵🇰🇵🇰

  • @Roshni-su6bk
    @Roshni-su6bk Год назад +14

    You are a Assets of commerce students ❤❤❤

    Happy Diwali 🎇🎇🎇🎇🎇 Sir ❤❤❤❤

  • @CUETD2point
    @CUETD2point Год назад +6

    Your hardwork and your teaching experience is so good...❤ When i was take economics in class 11th ,,but I didn't get lecturs properly.. i was hate this subject...but when I find your channel and I will continuesly read the chapters and clear the concepts...still my fav sub is economics because of u sir thanks...❤ Love from Kashmir

  • @Rohit_101_gaming.
    @Rohit_101_gaming. Год назад +30

    Be Very Appreciable Person Of Commerce Community Who Work Very Hard For Us Be Saluted Dear Rajat Arora Sirr Thank You So Much Sir For Operating A Smooth Explaining !!! 👏

  • @RaghuveerNegi-h7r
    @RaghuveerNegi-h7r 10 месяцев назад +2

    Sir you are one of the best teacher ❤

    • @Mahir-o9z
      @Mahir-o9z 10 месяцев назад

      True ❤️

  • @jayyadavjayyadav7752
    @jayyadavjayyadav7752 Год назад +18

    You are Assets of commerce students 😀 sir

  • @JasleenKaur-tx5ep
    @JasleenKaur-tx5ep 4 месяца назад +2

    You are one of the best teachers of the world....❤❤❤

  • @lakshyagodhwani
    @lakshyagodhwani Год назад +33

    WHOLE ECONOMICS IS BASED ON "ATM" AND I.E., AVERAGE, TOTAL AND MARGINAL.😊😊

  • @darshanmanidasixb5304
    @darshanmanidasixb5304 11 месяцев назад +3

    Thank you sir for clearing the concepts and doubts😊.
    Happy to learn from this lecture 😃

  • @Mahiiii789
    @Mahiiii789 Год назад +4

    Thank you 💜💜💜💜💜

    • @Rishisingh13517
      @Rishisingh13517 Год назад

      Sir bhut accha padhte hai na

    • @Rishisingh13517
      @Rishisingh13517 Год назад

      Commerce ke best teacher hai Rajat sir❤❤

    • @Mahiiii789
      @Mahiiii789 Год назад +1

      @@Rishisingh13517 wo to h sir best h

    • @Rishisingh13517
      @Rishisingh13517 Год назад

      ​@@Mahiiii789aap konse class me hai

    • @Rishisingh13517
      @Rishisingh13517 Год назад

      ​@@Mahiiii789mai to 11 se padh Raha hu rajat sir mere liye mere sabse best commerce ke RUclips teacher

  • @ShagunVerma-d3k
    @ShagunVerma-d3k 10 месяцев назад +2

    Sir kal hi Mera exam hai aapki hi sari videoes dekh li chapters ki😅 bohot easily samjh aa gya thank you so much sir 🤗💙💙

  • @Bgmi_shorts123
    @Bgmi_shorts123 Год назад +2

    Thank you sir 🙏❤❤ 🥰

  • @dewangan_45
    @dewangan_45 3 месяца назад +2

    ❤ great explanation

  • @anishjain3768
    @anishjain3768 Год назад +3

    You are just incredible person......thanku so much aap free of cost hmare liye itni mehnat kr rhe h...,sach me dil se shukriya sir..,you are helping a lot ❤❤❤

  • @SarojiniSrivastava-oe3xu
    @SarojiniSrivastava-oe3xu Год назад +4

    Thank you so much sir for your hardwork for us students ❤

  • @3578z
    @3578z Год назад +10

    Please upload producer’s equilibrium as well sir as i have exam next week and have no one to learn from

  • @Bristikumari-1324
    @Bristikumari-1324 Год назад +1

    Thank you sir ap ke methods bohot easily samjh aa jate 😊bohot helpfull video h sir

  • @MuskaanShafi-xt2sk
    @MuskaanShafi-xt2sk 10 месяцев назад +1

    Really,,nice,OSm ....❤ ❤

  • @rupendraverma3759
    @rupendraverma3759 10 месяцев назад +2

    I am fan of rajat arora sir ❤❤

  • @amratpaulsingh
    @amratpaulsingh 10 месяцев назад +2

    Sir u are the best teacher ❤️ kal mera final exam ha bss paper easy aa jaye 😵‍💫

  • @nainasanthwan2566
    @nainasanthwan2566 Год назад +10

    Thank you so much sir for this amazing explanation ❤ sir can please start making one shot revision videos for BST chapters ,from which we can revise our chapters in a short time, please 🥺

  • @khushi_mangla00
    @khushi_mangla00 Год назад +10

    Thanks sir ❤ for working us and please provide us producer's equilibrium plzzzz😊

    • @Aman-c2v2s
      @Aman-c2v2s 9 месяцев назад +1

      I love you khushi,
      My name is rishi Brahman,
      Iam indian but I am in Dubai,
      In hotel burj Khalifa,
      I want to see your face,
      And than I give you my v.i.p number,
      And I come india haryana ,
      For you only,
      And come back Dubai with you.❤❤❤❤

    • @Aman-c2v2s
      @Aman-c2v2s 9 месяцев назад +2

      My dad is business man and our one day income is only 65,crore's we have only 651 business of bakery and sweet shops in whole world accept india and one company of mining in india Andhra pradesh

    • @Aman-c2v2s
      @Aman-c2v2s 9 месяцев назад +1

      My,dad's cusion have also some company's.
      Company name is the black rock of finance in America 🇺🇸 .
      Do you want to marry me please comment me back yes
      Or No.

    • @vikky_.
      @vikky_. 9 месяцев назад

      @@Aman-c2v2s arey bhai kitna lamba lamba fakega 🥹😂🤣 and one thing she is committed 😮‍💨

    • @vikky_.
      @vikky_. 9 месяцев назад

      @@Aman-c2v2s abe kitna lamba lamba fakega 🥹😂🤣 and one thing she is committed 😮‍💨

  • @sukh295
    @sukh295 Год назад +8

    Sir producer equilibrium for class 11 ke liye bhi video Bana do please 🙏 😢

  • @MohammadArman-r2f
    @MohammadArman-r2f Год назад +3

    Thankyou so much sir for your great work.

  • @SumairAli-uz4pz
    @SumairAli-uz4pz Год назад

    Muje apki videos sa bhhttt ziada help miltii ha bhhtt achii preparation hotii ha exams ki

  • @YashChhabriya
    @YashChhabriya Год назад +3

    Finally he is back with eco please sir complete fast eco

  • @ABISHEKSINGH-kw8dq
    @ABISHEKSINGH-kw8dq 3 месяца назад

    We should respect this person who is 24×7 hours available for us. Thank u so much dear sir🙏.
    Friends please show support towards our respected rajat sir. Like 👍👍

  • @mahirajput2307
    @mahirajput2307 Год назад +1

    Thank you so much sir🙏🏻🙏🏻.. You are great sir.. 😊☺

  • @NehaRajput-sh1wg
    @NehaRajput-sh1wg 5 месяцев назад

    Thanku soo much sir I very need this video❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  • @bhumikashyap1297
    @bhumikashyap1297 Год назад +1

    Thnqqqqq so so much ❤🎉

  • @Princeraj.1515
    @Princeraj.1515 Год назад +1

    Thank you sirr✨🥰

  • @FuKraBhaiOP
    @FuKraBhaiOP 9 месяцев назад +1

    thankyou sir

  • @MuskaanShafi-xt2sk
    @MuskaanShafi-xt2sk 10 месяцев назад

    ❤❤❤thank you so much sir 🎉❤❤❤

  • @Aryankumar33221
    @Aryankumar33221 Год назад +7

    I am a science student and i have taken economics as a extra subject love to read economic thank you for the explanation 😊

  • @meghabora4644
    @meghabora4644 10 месяцев назад

    Thanku sir 11th ka best tuter aab Mila hai 😀

  • @chhavijain6882
    @chhavijain6882 Год назад +1

    Thank u so much sir.. I have my exam tmrw nd this vdo saved me..

  • @bhumikashyap1297
    @bhumikashyap1297 Год назад +2

    Happy Chhoti Diwali Rajat Bhaiya ❤🎉bhaiya jee plss macroeconomics ka humanities stream k liye v vdo laiye last k chapters k

  • @mehfuz6616
    @mehfuz6616 Год назад +1

    Thank you sir 😊

  • @SumairAli-uz4pz
    @SumairAli-uz4pz Год назад

    Ap bhhtt acha work kar rahy ha well-done ❤

  • @ramaswamy499
    @ramaswamy499 2 месяца назад

    Yes very good explanation sir thank you for this content

  • @spd14670
    @spd14670 10 месяцев назад +1

    Nice Explanation ❤

  • @parasmishra9161
    @parasmishra9161 Год назад +1

    Sir you work vary hard for us thank you so much

  • @okayitzme
    @okayitzme Год назад +4

    Next video of producer equilibrium plzzzz

  • @Meera_.mittal-
    @Meera_.mittal- Год назад +1

    Thank you so much sir ❤

  • @gwkabir5428
    @gwkabir5428 Год назад +6

    Producer equilibrium?

  • @ahmad-gp5ee
    @ahmad-gp5ee 11 месяцев назад

    thank you sir🔥🔥🔥🔥🔥🔥🔥🔥

  • @Sumitgupta14040
    @Sumitgupta14040 Год назад +1

    Sir please elasticity of supply karva dijiye 🙏🙏🙏🙂🙂🙂

  • @Khu-shi11
    @Khu-shi11 5 месяцев назад

    sir nice you have a great 🥰🥰🥰

  • @Studybyshubhamgoyal1112
    @Studybyshubhamgoyal1112 Год назад +5

    Sir please producer equilibrium ka video bna do please

  • @Vlogs_by_kanak
    @Vlogs_by_kanak Год назад +2

    Sir aap bol re ho na ke ye chapter bs 3,4 no. K bich m aata hamari school m ye chapter 8no. Ka aaya h 😂 vasi sir aap bhaut acha explain krte ho 🫶 thank u so much

  • @iragupta687
    @iragupta687 Год назад +4

    sir please give the lectures for statistics as well

  • @jap439neet
    @jap439neet 11 месяцев назад

    You are just amazing ❤

  • @minakshipandey-es7su
    @minakshipandey-es7su Год назад

    Sir ap bhut achche trh se samjha dete h ap bihar pgt k liye v kuch class kra denge to bhut kuch ar aasan ho jayega tq🙏

  • @santoshdubey6478
    @santoshdubey6478 Год назад +2

    Happy Deepawali sir🪔 with lost of love and thank you 🙏or your efforts 💝☺️🥰

  • @nafeesshaikh2054
    @nafeesshaikh2054 Год назад +4

    It will be very easy for us if u provide us note in the form pdf 😢😢

  • @palakagrawal4561
    @palakagrawal4561 Год назад +4

    sir please try to upload producers equilibrium please 💜🙏🙏

  • @jyotilamba6144
    @jyotilamba6144 Год назад +3

    Sir plzzzz arithmetic line padha dijiya😢😢😢😢😢

  • @SakshiChoudhary-vj2lq
    @SakshiChoudhary-vj2lq Год назад +2

    Your all videos are to good...as I am a BA student I am watching all videos of your...but sir phle production chapter kra do kyuki humhare internal exam h ab 20 se or ye aara h usme please sir as possible jldi kijiyega

  • @Izzzii4u
    @Izzzii4u 11 месяцев назад

    thank you so much sir...youre a savior...

  • @gyanendrasingh_sengar6665
    @gyanendrasingh_sengar6665 11 месяцев назад

    Thankuhhhh sirrr❤

  • @harshpokhariya5154
    @harshpokhariya5154 Год назад +3

    Sir eek question hai
    Hum MR ka jo curve hai vo zero se kyu start krte hai mtlab 0 pe to MR bhi sahyed zero hi hoga

  • @priyanshipanwar7411
    @priyanshipanwar7411 Год назад +6

    Sir which is the best book for pyq ? Please suggest.

  • @ShahidAhmad-fy4ch
    @ShahidAhmad-fy4ch Месяц назад +4

    Today is 29/10/2024 and tomorrow is also Diwali 🪔

  • @eriicaa111
    @eriicaa111 Год назад +3

    Happy diwali sirrrr, production function upload krdo plsss

  • @hopeff2676
    @hopeff2676 9 месяцев назад +2

    Tomorrow is my economics exam 😂😂 still I am depend on sir

  • @MamtaChawla-m2k
    @MamtaChawla-m2k Год назад +4

    Producer equilibrium pleasee

  • @faheemkhan70514
    @faheemkhan70514 11 месяцев назад

    Sir I am From Jkbose and Yesterday I was Randomly in Live Class And A Girl From Jkbose told me Where did you learn Economics.I GAVE HER YOUR CHANNEL NAME SIR .
    WE HAVE THIS micro Economics in Class 12th and I just Study from your videos ...
    Lot's of Love for uh ...sir ❤❤😊

    • @devyanabanerjee4604
      @devyanabanerjee4604 11 месяцев назад

      Pr class 12 me macro-economics and Indian economics development book chl rha hai na?

    • @devyanabanerjee4604
      @devyanabanerjee4604 11 месяцев назад

      Kyuki 2023 me hi class 12 ka micro hta kr Indian Economics Development book diya gya hai according to cbse

    • @faheemkhan70514
      @faheemkhan70514 11 месяцев назад

      @@devyanabanerjee4604 But Yrr mai Jkbose sai huu ...😥🥺MICRO AUR MACRO 12TH MAI HAI Hamay ...kya karay ..

    • @devyanabanerjee4604
      @devyanabanerjee4604 11 месяцев назад

      @@faheemkhan70514
      Ok i understand. In CBSE this has been changed in 2818 but by mistake I have written 2023

  • @KarikaJain-v9c
    @KarikaJain-v9c Месяц назад +1

    Sir please provide us with notes in description box!!

  • @sukritmarwaha
    @sukritmarwaha Год назад +2

    Sir statistics bhi krwa do please!!!!

  • @inderjeetlakhwal9933
    @inderjeetlakhwal9933 Год назад +1

    Sir please make video for capital and revenue

  • @akhileshyadav-t6o
    @akhileshyadav-t6o Месяц назад +1

    sir i am science student but i love economics

  • @bhaduyadav1160
    @bhaduyadav1160 11 месяцев назад

    Thank you sir you help me a lot

  • @Rajeswari975
    @Rajeswari975 10 месяцев назад

    Our Saviour 🙏🙌

  • @divyam276
    @divyam276 Год назад +2

    Sir please revenue cost Ke numericals bhi kra do

  • @kashikaguptax-c2432
    @kashikaguptax-c2432 Год назад

    Thankkyouu so much Sir!

  • @Meera_.mittal-
    @Meera_.mittal- Год назад +3

    Sir please upload videos of accountancy also 😅

  • @Chadu.gamer.
    @Chadu.gamer. 9 месяцев назад +1

    great video

  • @creativekrishna8195
    @creativekrishna8195 Год назад +3

    sir ji revenue to total sales of business hota ha ..
    total profit of business ni hota

  • @Vandanaofficial-cx4ur
    @Vandanaofficial-cx4ur 9 месяцев назад +1

    How to your target

  • @yanshinagar8031
    @yanshinagar8031 Год назад

    Sir you are best teacher

  • @sharmasagar26759
    @sharmasagar26759 Месяц назад

    Sir plz hindi medium me bhi samjha diya kro aap bahut acha samjhate ho

  • @jaydevpurty4645
    @jaydevpurty4645 Год назад

    Love you sir❤

  • @BhavishyaAdlakha
    @BhavishyaAdlakha Год назад +1

    Sir UG valea channel par bhi video uploaded kar dijyea we are waiting for new videos and december mea exam hai or kafi syllabus pending ha abhi

  • @Shikha-lh8be
    @Shikha-lh8be Год назад +3

    Sir please upload Business studies chapters also.❤

  • @Bhupendrasingh40947
    @Bhupendrasingh40947 Год назад +4

    Sir please issue of shares ka part 8 uplod kar do 😢

  • @bhartikhatri3864
    @bhartikhatri3864 Год назад

    Thanks😊

  • @maulikmalhotra9249
    @maulikmalhotra9249 Год назад

    thanku sir really helpfull

  • @geetarawat7316
    @geetarawat7316 Год назад +2

    Sir please producers equilibrium bhi upload kar do jaldi

  • @Punjab_91
    @Punjab_91 9 месяцев назад +1

    Legents watch this vedio one day before exam😅

  • @Hritik5096
    @Hritik5096 Год назад +1

    Sir please upload production functions chapter also

  • @gurmanbatth8433
    @gurmanbatth8433 Месяц назад

    Sir when price falls with rise in output mai jo first relationship hai AR aur MR ka uske graph mai AR aur MR zero se kyu shuru kiye hue h ?

  • @anjalimehta2882
    @anjalimehta2882 Год назад +1

    Sir please upload producers equilibrium

  • @sarthakgupta7977
    @sarthakgupta7977 Год назад

    Sir please producer's equibrillium karwa dijiye