profit maximising price output and maximum profit from demand and cost function

[@darmukhtar1160]

Please continue this series . Itz so helpful

[@dimostychalas9820]

I think it would be better to mention that we're talkng about a monopoly.

[@alankritagupta9544]

Sir, plz solve the question.
The demand and cost function of a firm are respectively:
𝑃 = 132 − 8𝑥
𝐶 = 𝑥^
3 − 14𝑥^2 + 69𝑥 + 128
(where notations have their usual meanings)
(i)
Show that the competitive firm produces output in the inelastic
range of demand curve.
(ii)
Show that the monopolist produces output in the elastic range of
demand curve.
(iii)
Derive the efficiency loss (or dead weight loss) in monopoly.

[@brianphiri4216]

nice i now understand the concept

[@kishangavindu]

nicely explained sir..student from sri lanka

[@drxkomalsharma8080]

प्लीज् कंटिन्यू its really helpfull

[@eltonloverboy]

Great explanation

[@sahityasingh7483]

Thank you so much sir😊

[@Gwabiibabi]

Excellent video! but I have a question, how is the maximizing price the demand function after plugging in the profit maximizing output? isn't demand the quantity?

[@francescolombardo6467]

Ty

[@maryngure5766]

How about units to minimize costs and amount of min cost formula

[@samsuddindhuniya-pl9dl]

Sir please i confuse mc = mr xaina sir

[@Zimbakun]

Sir u have written 0.5 but its 0.25

[@Elevate_Trader]

When you differentiate 0.25Q2 it will give you 0.5Q

[@user-hz4bo7fw5y]

Sir where did you get the negatives when you were calculating the profit? Because in the equation there is no negatives

[@HarshGupt-td2sk]

When neg sign(-) comes before an equation, the signs change.

[@abrahamssenyonjo3430]

Your low n u first,snd you font give things in details, assume that the ones you teaching no less,so details everything