Profit maximization (for the CFA Level 1 exam)

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  • Опубліковано 11 вер 2024
  • Profit maximization (for the CFA Level 1 exam) explores the shape of the:
    - average and marginal revenue (AR and MR) curves, as well as the
    - average fixed, average variable, average total and marginal cost (AFC, AVC, ATC and MC) curves,
    facing firms which operate under conditions of perfect and imperfect competition.
    We also analyze the criteria for choosing a level of output for which profits are maximized.
    This video covers concepts featured in Section 2, Learning Module 1 of the Economics section of the CFA Level 1 Curriculum

КОМЕНТАРІ • 40

  • @albertoruiz3549
    @albertoruiz3549 5 місяців тому +12

    I WATCHED YOUR VIDEOS FOR MY PAST EXAM- AUG 2023 - AND I PASSED! YOU ARE SUCH A BLESSING!

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому

      Wow, what a wonderful endorsement. Thank you!

    • @vadka1997
      @vadka1997 25 днів тому

      Hey, congratulations !

    • @vadka1997
      @vadka1997 25 днів тому

      How much did it cost?

  • @spidermanangel93
    @spidermanangel93 5 місяців тому +7

    You are the only professor whom I can sit for an hour and find this interesting. Thank you so much for this!

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому

      :) Thank you, this made my day!

    • @nataliadanalachi-fh6gh
      @nataliadanalachi-fh6gh Місяць тому

      Same for me, I can listen for hours, and remain interested.Thank you so much !

  • @ncx2727
    @ncx2727 5 місяців тому +2

    saving lives out there with these stuff

  • @danielaisabel5096
    @danielaisabel5096 14 днів тому +1

    Magnifico

  • @ashwinmandal7430
    @ashwinmandal7430 4 місяці тому +1

    absolutely wonderful video explained very well

  • @jeffreycanlas4324
    @jeffreycanlas4324 5 місяців тому +1

    This video is so great and helpful! Please create more videos like this....:❤❤

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому

      Thanks, three more Economics videos uploaded to the playlist

  • @anzhelikahutkan8036
    @anzhelikahutkan8036 2 місяці тому +2

    Hi!
    First: thank you so much for your work, love the style and content is gold!
    Second: I wanted make a suggestion: it would be soo helpful if you could make a “video diving points” (idk actual name for that, it’s when you make those “chapters” within video)🙌🏻
    Not a critique, only a request, you already doing so much😊

    • @letmeexplaincfa
      @letmeexplaincfa  2 місяці тому +1

      Thank you very much. Just to clarify, do you mean that you would like the individual videos to be shorter?

    • @anzhelikahutkan8036
      @anzhelikahutkan8036 2 місяці тому +1

      ⁠ length of the videos is awesome) There is a function in UA-cam studio, where you can make “video chapters” that will divide video inside
      It’s just going to be easier to find smaller topics in your big episodes) Thank you😊

    • @anzhelikahutkan8036
      @anzhelikahutkan8036 2 місяці тому

      ⁠also sent you via gmail a guide on how to do it🙌🏻

    • @letmeexplaincfa
      @letmeexplaincfa  2 місяці тому +2

      @@anzhelikahutkan8036 ok, thanks, I get it :) I will try to do this with a video that I will be uploading today - where it makes sense to introduce chapters.

  • @ellafanta3718
    @ellafanta3718 5 місяців тому +1

    Thank u !!! Your explanations are easy to understand

  • @barakatadeniran5308
    @barakatadeniran5308 15 днів тому +1

    This video was really helpful. I wanted to ask if I join your membership would I have access to videos not uploaded here. My exam is for November. Like for this economics bit it only this first topic available here. From business cycle to exchange rate calculation isn’t here. Thanks

    • @letmeexplaincfa
      @letmeexplaincfa  15 днів тому +1

      If you inspect the Coming up section of the accompanying website you will see that there are more Economics videos scheduled for September: www.letmeexplain.eu/?page_id=4041
      They have not been recorded yet.

  • @swoikshyalamichhane1518
    @swoikshyalamichhane1518 15 днів тому

    Hi!
    I really enjoy your lectures. However, I'm having trouble finding the membership button, even though my country is listed as one where UA-cam memberships are available. I’ve tried joining from a desktop, but that didn’t help either. Could you please advise on how I can join?

    • @letmeexplaincfa
      @letmeexplaincfa  15 днів тому +1

      Hi, thank you for this message. I appreciate that this is a problem encountered not just by you. I am working on making my videos available via an alternative service. I’ll be posting an update on this soon!

  • @TahreemNadeem-wu9el
    @TahreemNadeem-wu9el 5 місяців тому +1

    Your explanation is really great. Do you make cfa content in the form of notes or other videos anywhere else?

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому +1

      Thank you very much. This channel is the only place where I post CFA-related content

  • @shaneabela3773
    @shaneabela3773 Місяць тому

    Great video as usual!

  • @beyondthelogo
    @beyondthelogo Місяць тому +1

    Hello, love your content but could you please turn on membership so that I can join? Cannot join your channel’s membership

    • @letmeexplaincfa
      @letmeexplaincfa  Місяць тому

      Thank you🙏 memberships are turned on. You need to view the channel from a computer to see the Join button. If this does not work, check if your country is on the list of countries where memberships are supported by UA-cam: support.google.com/youtube/answer/6307365?hl=en#zippy=%2Cpremium-memberships-available-locations

  • @jayeshchopra4178
    @jayeshchopra4178 2 місяці тому +1

    Sir I want to join your member ship classes.. How to join sir

    • @letmeexplaincfa
      @letmeexplaincfa  2 місяці тому

      Look for the Join button when viewing the channel homepage on a computer (not on your phone)

  • @zzpatiree5129
    @zzpatiree5129 5 місяців тому +1

    Great !

  • @zukk1838
    @zukk1838 5 місяців тому +1

    Im watching all of the videos.
    Can you tell so far all the videos here do they cover everything from cfa lvl1 or any other topic is left
    Thanksss alot for videos

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому +1

      Hi, no they don’t cover everything but the aim is to cover the whole Level 1 Curriculum in the time until the November 2024 session

    • @zukk1838
      @zukk1838 5 місяців тому

      @@letmeexplaincfa can you name the specific topics that are left to be covered yet please
      Thankss

    • @manimanandhar2935
      @manimanandhar2935 Місяць тому

      How to become member

  • @nissarali8788
    @nissarali8788 26 днів тому +1

    Are you writing on a giant glass wall?