Introduction to Perfect Competition
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- Опубліковано 2 лип 2024
- Visual introduction on the concept of perfect competition. Tutorial includes discussion on profit, lost, marginal cost, average total cost and variable cost. This topic is typically taught in microeconomics.
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Link to Playlist on Perfect Competition
• Perfect Competition
I spent literally 8 hours studying this from my econ textbook and you still explained it better in 8 minutes
me too
Me too
Ncert aaa??
I actually recommend this one to my students, it is more efficient :)
I can relate...
This video perfectly explained Perfect Competition in less than 10 mins. Thank you!
Great use of graphs to simplify concepts that look very difficult in textbooks. I hope you do the same for the main economic concepts. Kudos!
omg thank you!! the struggle has been real but this was so clarifying, thank you!!
You explain everything so clearly and succintly - keep doing what you're doing because it is SO HELPFUL!
Linda Zhang Thanks for that Linda. Good luck in your classes too. Hopefully you will like, share, subscribe, If you get a chance could you please like our FB page. www.FaceBook.Com/PartyMoreStudyLess
It will help others find the videos.
Sir I am an Indian and your pronunciation is so good that I could understand your lecture very interestingly and carefully. Thank you
After all these hours reading lectures and watching khan-academy i found a perfect explanation of the topic at your channel, nice job!
Jurkevich Egor Dang, I do appreciate your comment. Thanks for taking the time to write me and let me know. Good luck in your studies.
Great to hear and I appreciate the feedback.
just logged in to say a massive thank!!!!
Holy smoke!
Great video, thank you economicsfun and God bless the internet!
Im in my 3rd year degree from LSE (london school of economics) .. I find the text book write such simple analysis in the most complicated way's... Your videos are enough for me that I did not need to attend any lectures... Honestly.. spot on ! Thanks so much .... Just another point, maybe you could have drawn the Industry demand & supply curves and how they link to the Individual curves, could make the explanation easier to understand :) Thanks again !
Finally an explanation worth listening to and understandable. Thank you so much.
Samir Hossain Thanks for that. I appreciate that you took the time to write me. I spend a lot of hours working on the videos, so it is nice to hear they are useful. Good luck in your studies.
I liked the way you've represented everything required to understand the concept of perfect competition in a sequential order. That made things far less complicated than the faculty who taught me in the university. And you're welcome Sir :)
Very clear explanations and graphs! Thanks!
Thanks for the videos, had 1 day to learn whole course and you really helped :)
Thanks for the tour. Was very helpful and understandable.
Great, you have my sincere "Thank-you"!
This is a great and simplified explanation. very helpful. Thank you very much
Thanks for your videos! I'm using them to study for my Economics midterm.
Oh my god I actually understand.
Thank you great presentation , may I ask you what program did you use to illustrate the topic?
You've just earned a subscriber!!! 🔥🔥❤️
these videos very helpful and understandably rather than study with my non-experience teacher. Thanks for these video
This helped me understand so much better!
This video is really helpful!Thank you so much!!
Great to hear... I am building website that is much easier to navigate than UA-cam. I am working on a series of videos on Consumer Theory and will include some discussion on how demand curves are built -- good idea.
Very nice n attractive teaching with clear concepts to the learner . It is good step for you as well as learners . Continue with the same spirit . 👌👍
I love ur Calculus methodology. please post more videos
@shinenot More to come! Appreciate the feedback.
Which program are you using for movment of lines of graph
Please tell me
Simple , clear and concise.
All my doubts clarified.I will give you 100 out of 100.Thank you very much.P Siva Rao.India.
Thanks a lot, learning from this material is lot more easier... keep it up!!
You are very welcome from Kansas City, USA! I have been to Italy many many times. Great to hear that my videos are helping Italians.
Make sure you like MyBookSucks on Facebook (see link in the video description). This will help Italians and others find the educational videos.
Ciao, a presto. Grazie!
God bless you 💯💯❤❤❤
I love explanations. Understand more better now
You are very welcome. I have maintained that economics lends itself to animation.
Thank you so much! Very clear explanation!
Thank you so much for this. Helps a lot
I added a link to the playlist in the video description. This should help you.
Nice and perfect explanation about out put Determination in perfect competition market
Thank you Sir I like Your explanation style
While the tag line is "party more study less" the idea is to help students do something other than study. It could me rock more study less, dance more study less... so on and so forth.
Make sure you like MyBookSucks on FaceBook, you can see the link in the video description. This will help me spread the word about the educational videos.
if i want to cite a reference from an article or book, is there any suggestions where i can find ,
I can't thank you enough you are genius
thank , may god bless you ! it help a lot !
Geesh, I am studying for my final, which is a few days away. I wish I had found this earlier but I am finding these videos very helpful! This is the first time I feel like I understand Economics. I was feeling so hopeless before. Now, I think I might have a chance to do okay on the exam.
I failed my first midterm. I feel like shit. But I'm trying my best to understand Econ as much as I can :( College sucks.
Retro Controller dude how are you doing now?
Simply Awesome!!! Thanks a ton!
The way of making this video is awesome can you please tell me the name of software you have used for this video?
Thanks so much for these videos! They are truly helping with my online economics class so much and improved my scores. So glad I found these, Thanks again!
Where have you been all semester? Watching your videos and preparing for my final. Great video!
Hollylovesbeauty7 Happy you found my channel before your semester ended. Hopefully you will like, share, subscribe, If you get a chance could you please like our FB page. www.FaceBook.Com/PartyMoreStudyLess
It will help others find the videos.
i think you should be my teacher, AWESOME SIR!!!!
Much better than my Econ prof.
You make reading graphs seems so easy!!!
Very clear explanation.... Thank you so much...
Thank you so much sir 🙏 your video really helped me
so helpful. Thanks
It helped me a lot.. thank you very much😄
Awesome explanation on UA-cam
This is awesome!!
great lesson!!!
Awesome! Loved it 😍
Wow, great video! Keep it up!
So AVC is only relevant to (short term) shut-down decisions?
Yeh now I get understand. Thank you so much
Thank you so much!
incredible teaching..
Well, thank you misspumpkin for such a nice compliment. Make sure you like MyBookSucks on FaceBook. This will help others find the educational videos (see video description for link).
Great Video, very well made
very clear, wise I could see this earlier
If there is a constant marginal cost per unit for the producer, he sells any amount of goods provided the price per unit is the given MC or more, yes?
that's good, helpful and useful !
How can i distinguish the accounting profit and Economic profit from this curve?
what's the name of the software have you used for creating this video
THANKS! A HUGE ONE!
Thank you very much!
Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
This video was so fucking good. Concept cleared!!
the video helps a lot but the perfect market doesnt make economic profit, only normal profit in the long run. please correct me if im mistaken
Thank you very much.
Very nice video sir , thank you so much
which app you have used to describe this topic?
THANK YOU SO MUCH !
I signed in to thank you.
Thanks a lot, bcuz of u totally understand😍
Awesome!! Thank you! Very helpful!
Thor Hamm You are very welcome!
Hopefully you will like, share, subscribe, If you get a chance could you please like our FB page. www.FaceBook.Com/PartyMoreStudyLess It will help others find the videos.
Thank you sooooo much) great and helpful videos) keep on doing please))))
this is grreat. Which software do you use?
It's a bit fast but it really makes sense, thanks!
Excellent tutor👌👍
I try to share this video more and more it helpfull
Thank you sir!
Thank you💐
GREAT MAN
Thanks a lotttttt brother.
God save such people as you
this really very good video. thank you very much
Kazi Md. Nurul Karim You are very welcome. If you get a chance like on FB (www.FaceBook.Com/PartyMoreStudyLess), share, like the videos, and subscribe. It helps others find the videos.
Thanks for the feedback. Make sure you like MyBookSucks on Facebook. You can see the direct link in the description of the video.
Thank you! :)
kickass video
Thanks appreciate that.
The explanation in point forma
Wonderful to hear and your feedback is much appreciated.
Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
This is super.
really helpful!
Thank you very much