MR=MC The Profit Maximization Rule

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  • Опубліковано 26 жов 2024

КОМЕНТАРІ • 24

  • @AsadKozibaev-k6d
    @AsadKozibaev-k6d 10 місяців тому +3

    You have taught me a thing in minutes, which my econ professors couldn't during the whole semester

  • @pulkeshsharma6603
    @pulkeshsharma6603 Місяць тому

    Thankyou so much sir. I have been trying to understand this topic from alot teachers, but ended with your explanation. That is really very good

  • @mashaprima3847
    @mashaprima3847 2 роки тому +7

    you just passed me in Econ. thank you

  • @aleksastanojevic475
    @aleksastanojevic475 Рік тому +5

    Great explanation! Thanks

  • @undeadsatan3317
    @undeadsatan3317 5 місяців тому +1

    Sir, you're a legend!

  • @shaaly4072
    @shaaly4072 Рік тому

    Now i understand how to look at these graph. Thanks

  • @IsacRajan97
    @IsacRajan97 4 місяці тому

    Good Explanation!! It helped.

  • @Ana-Nas
    @Ana-Nas 3 місяці тому

    Wow, one of the best economics videos; I did not realize I should draw the vertical lines up to the lines... wow

  • @raniavlachou2030
    @raniavlachou2030 9 місяців тому

    thank you very much , great explanation

  • @jasonfifty5
    @jasonfifty5 6 місяців тому

    Thank you so much professor.

  • @carolinagordillo1209
    @carolinagordillo1209 Рік тому

    You are amazing!!!❤❤❤❤

  • @mst.rupalyakter8943
    @mst.rupalyakter8943 5 місяців тому

    Its so useful for me sir.

  • @tannahmutune8245
    @tannahmutune8245 2 роки тому +1

    That was very helpful..thank you so much

  • @NikhilDevarajThegamer
    @NikhilDevarajThegamer 2 роки тому +2

    This makes sense now!

  • @mahekahuja6780
    @mahekahuja6780 2 роки тому +2

    Technically a firm should earn more profit if MR is greater than MC because when MC = MR it should be no profit no loss situation? But according to our textbooks when MR=MC the profit is maximum
    I need help understanding it

    • @nima6955
      @nima6955 2 роки тому

      From what I have understood so far, the point where MR=MC is where profit maximisation occurs because when you go further to the right until it reaches the point, you are producing additional units of output, thus maximising profit. However, if MR is greater than MC, you aren't maximising profits because you aren't producing additional output that can earn greater profits. I hope this makes sense, sorry if it doesn't.

  • @martinkabinga4785
    @martinkabinga4785 3 місяці тому

    This is good

  • @Force_of_nature_007
    @Force_of_nature_007 2 роки тому +1

    its very helpful

  • @PartnerWithAngela
    @PartnerWithAngela 5 місяців тому

    Finally got this

  • @meselechseyoum-f7k
    @meselechseyoum-f7k 9 місяців тому

    thank you

  • @KM-fh4wt
    @KM-fh4wt 2 роки тому

    Nice

  • @brightkyereh9160
    @brightkyereh9160 2 роки тому

    Consumer price index

  • @kafrikotroll8610
    @kafrikotroll8610 Рік тому

    You rock 👏