Revenue | Easiest Explanation | Micro economics | Chapter 7

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  • Опубліковано 30 лис 2024

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  • @GouravAgrawal-r1k
    @GouravAgrawal-r1k Рік тому +624

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

    • @mehupagal5747
      @mehupagal5747 Рік тому +36

      No this is his way of earning revenue

    • @SkerryGaming
      @SkerryGaming Рік тому

      ​@@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 UA-cam per padha rahe hai 🙏🙏

    • @AbhishekPandey-bi2rg
      @AbhishekPandey-bi2rg Рік тому +8

      ​@@mehupagal5747 bt to shi kri h 😂🤣

    • @anuradha2420
      @anuradha2420 Рік тому +6

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

    • @hanzala__07
      @hanzala__07 11 місяців тому +10

      And this person is also earning on Diwali 😅

  • @shalini2001
    @shalini2001 11 місяців тому +97

    🎯 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

  • @ANCLYRICS
    @ANCLYRICS Рік тому +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.

  • @SomKumar-c4e
    @SomKumar-c4e 11 місяців тому +43

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

  • @Gulabkhan-v2q
    @Gulabkhan-v2q Рік тому +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

  • @AonullahAon
    @AonullahAon Рік тому +5

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

  • @CUETD2point
    @CUETD2point 11 місяців тому +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

  • @Roshni-su6bk
    @Roshni-su6bk Рік тому +14

    You are a Assets of commerce students ❤❤❤

    Happy Diwali 🎇🎇🎇🎇🎇 Sir ❤❤❤❤

  • @Rohit_101_gaming.
    @Rohit_101_gaming. Рік тому +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 !!! 👏

  • @utkarshpandit1423
    @utkarshpandit1423 Рік тому +10

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

  • @heerdoshi7435
    @heerdoshi7435 Рік тому +27

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

  • @RaghuveerNegi-h7r
    @RaghuveerNegi-h7r 9 місяців тому +2

    Sir you are one of the best teacher ❤

  • @ShagunVerma-d3k
    @ShagunVerma-d3k 9 місяців тому +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 🤗💙💙

  • @lakshyagodhwani
    @lakshyagodhwani 11 місяців тому +33

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

  • @3578z
    @3578z Рік тому +10

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

  • @nainasanthwan2566
    @nainasanthwan2566 Рік тому +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 🥺

  • @sukh295
    @sukh295 Рік тому +8

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

  • @JasleenKaur-tx5ep
    @JasleenKaur-tx5ep 4 місяці тому +2

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

  • @khushi_mangla00
    @khushi_mangla00 Рік тому +10

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

    • @Aman-c2v2s
      @Aman-c2v2s 8 місяців тому +1

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    • @Aman-c2v2s
      @Aman-c2v2s 8 місяців тому +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 8 місяців тому +1

      My,dad's cusion have also some company's.
      Company name is the black rock of finance in America 🇺🇸 .
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    • @vikky_.
      @vikky_. 8 місяців тому

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

    • @vikky_.
      @vikky_. 8 місяців тому

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

  • @anishjain3768
    @anishjain3768 Рік тому +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 ❤❤❤

  • @jayyadavjayyadav7752
    @jayyadavjayyadav7752 Рік тому +18

    You are Assets of commerce students 😀 sir

  • @darshanmanidasixb5304
    @darshanmanidasixb5304 11 місяців тому +3

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

  • @amratpaulsingh
    @amratpaulsingh 9 місяців тому +2

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

  • @Mahiiii789
    @Mahiiii789 Рік тому +4

    Thank you 💜💜💜💜💜

    • @Rishisingh13517
      @Rishisingh13517 Рік тому

      Sir bhut accha padhte hai na

    • @Rishisingh13517
      @Rishisingh13517 Рік тому

      Commerce ke best teacher hai Rajat sir❤❤

    • @Mahiiii789
      @Mahiiii789 Рік тому +1

      @@Rishisingh13517 wo to h sir best h

    • @Rishisingh13517
      @Rishisingh13517 Рік тому

      ​@@Mahiiii789aap konse class me hai

    • @Rishisingh13517
      @Rishisingh13517 Рік тому

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

  • @Vlogs_by_kanak
    @Vlogs_by_kanak 11 місяців тому +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

  • @Bristikumari-1324
    @Bristikumari-1324 11 місяців тому +1

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

  • @dewangan_45
    @dewangan_45 2 місяці тому +2

    ❤ great explanation

  • @SarojiniSrivastava-oe3xu
    @SarojiniSrivastava-oe3xu Рік тому +4

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

  • @MuskaanShafi-xt2sk
    @MuskaanShafi-xt2sk 9 місяців тому +1

    Really,,nice,OSm ....❤ ❤

  • @YashChhabriya
    @YashChhabriya Рік тому +3

    Finally he is back with eco please sir complete fast eco

  • @ABISHEKSINGH-kw8dq
    @ABISHEKSINGH-kw8dq 2 місяці тому

    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 👍👍

  • @_Sigma_thoughts_
    @_Sigma_thoughts_ Рік тому +2

    Thank you sir 🙏❤❤ 🥰

  • @MohammadArman-r2f
    @MohammadArman-r2f Рік тому +3

    Thankyou so much sir for your great work.

  • @iragupta687
    @iragupta687 Рік тому +4

    sir please give the lectures for statistics as well

  • @SakshiChoudhary-vj2lq
    @SakshiChoudhary-vj2lq Рік тому +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

  • @harshpokhariya5154
    @harshpokhariya5154 11 місяців тому +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

  • @nafeesshaikh2054
    @nafeesshaikh2054 Рік тому +4

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

  • @okayitzme
    @okayitzme Рік тому +4

    Next video of producer equilibrium plzzzz

  • @SumairAli-uz4pz
    @SumairAli-uz4pz Рік тому

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

  • @rupendraverma3759
    @rupendraverma3759 10 місяців тому +2

    I am fan of rajat arora sir ❤❤

  • @faheemkhan70514
    @faheemkhan70514 10 місяців тому

    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 10 місяців тому

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

    • @devyanabanerjee4604
      @devyanabanerjee4604 10 місяців тому

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

    • @faheemkhan70514
      @faheemkhan70514 10 місяців тому

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

    • @devyanabanerjee4604
      @devyanabanerjee4604 10 місяців тому

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

  • @KarikaJain-v9c
    @KarikaJain-v9c 25 днів тому +1

    Sir please provide us with notes in description box!!

  • @Studybyshubhamgoyal1112
    @Studybyshubhamgoyal1112 Рік тому +5

    Sir please producer equilibrium ka video bna do please

  • @minakshipandey-es7su
    @minakshipandey-es7su Рік тому

    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🙏

  • @bhumikashyap1297
    @bhumikashyap1297 Рік тому +2

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

  • @gwkabir5428
    @gwkabir5428 Рік тому +6

    Producer equilibrium?

  • @ShahidAhmad-fy4ch
    @ShahidAhmad-fy4ch Місяць тому +4

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

  • @FuKraBhaiOP
    @FuKraBhaiOP 9 місяців тому +1

    thankyou sir

  • @chhavijain6882
    @chhavijain6882 Рік тому +1

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

  • @priyanshipanwar7411
    @priyanshipanwar7411 Рік тому +6

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

  • @creativekrishna8195
    @creativekrishna8195 Рік тому +3

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

  • @ramaswamy499
    @ramaswamy499 2 місяці тому

    Yes very good explanation sir thank you for this content

  • @mahirajput2307
    @mahirajput2307 Рік тому +1

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

  • @parasmishra9161
    @parasmishra9161 Рік тому +1

    Sir you work vary hard for us thank you so much

  • @Chadu.gamer.
    @Chadu.gamer. 9 місяців тому +1

    great video

  • @palakagrawal4561
    @palakagrawal4561 Рік тому +4

    sir please try to upload producers equilibrium please 💜🙏🙏

  • @santoshdubey6478
    @santoshdubey6478 Рік тому +2

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

  • @eriicaa111
    @eriicaa111 Рік тому +3

    Happy diwali sirrrr, production function upload krdo plsss

  • @akhileshyadav-t6o
    @akhileshyadav-t6o 26 днів тому +1

    sir i am science student but i love economics

  • @spd14670
    @spd14670 9 місяців тому +1

    Nice Explanation ❤

  • @Sumitgupta14040
    @Sumitgupta14040 Рік тому +1

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

  • @Shikha-lh8be
    @Shikha-lh8be Рік тому +3

    Sir please upload Business studies chapters also.❤

  • @gurmanbatth8433
    @gurmanbatth8433 9 днів тому

    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 ?

  • @SumairAli-uz4pz
    @SumairAli-uz4pz Рік тому

    Ap bhhtt acha work kar rahy ha well-done ❤

  • @Bhupendrasingh40947
    @Bhupendrasingh40947 Рік тому +4

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

  • @Meera_.mittal-
    @Meera_.mittal- Рік тому +3

    Sir please upload videos of accountancy also 😅

  • @MamtaChawla-m2k
    @MamtaChawla-m2k Рік тому +4

    Producer equilibrium pleasee

  • @Aryankumar33221
    @Aryankumar33221 Рік тому +7

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

  • @jyotilamba6144
    @jyotilamba6144 Рік тому +3

    Sir plzzzz arithmetic line padha dijiya😢😢😢😢😢

  • @inderjeetlakhwal9933
    @inderjeetlakhwal9933 11 місяців тому +1

    Sir please make video for capital and revenue

  • @sukritmarwaha
    @sukritmarwaha Рік тому +2

    Sir statistics bhi krwa do please!!!!

  • @BhavishyaAdlakha
    @BhavishyaAdlakha Рік тому +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

  • @divyam276
    @divyam276 Рік тому +2

    Sir please revenue cost Ke numericals bhi kra do

  • @meghabora4644
    @meghabora4644 9 місяців тому

    Thanku sir 11th ka best tuter aab Mila hai 😀

  • @NehaRajput-sh1wg
    @NehaRajput-sh1wg 4 місяці тому

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

  • @sharmasagar26759
    @sharmasagar26759 23 дні тому

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

  • @Izzzii4u
    @Izzzii4u 10 місяців тому

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

  • @hopeff2676
    @hopeff2676 8 місяців тому +2

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

  • @geetarawat7316
    @geetarawat7316 Рік тому +2

    Sir please producers equilibrium bhi upload kar do jaldi

  • @yanshinagar8031
    @yanshinagar8031 11 місяців тому

    Sir you are best teacher

  • @bhumikashyap1297
    @bhumikashyap1297 Рік тому +1

    Thnqqqqq so so much ❤🎉

  • @mehfuz6616
    @mehfuz6616 Рік тому +1

    Thank you sir 😊

  • @Meera_.mittal-
    @Meera_.mittal- Рік тому +1

    Thank you so much sir ❤

  • @Princeraj.1515
    @Princeraj.1515 Рік тому +1

    Thank you sirr✨🥰

  • @Hritik5096
    @Hritik5096 Рік тому +1

    Sir please upload production functions chapter also

  • @anjalimehta2882
    @anjalimehta2882 Рік тому +1

    Sir please upload producers equilibrium

  • @krishika2022
    @krishika2022 Рік тому +2

    Sir plzzz start statistics class 11

  • @jap439neet
    @jap439neet 10 місяців тому

    You are just amazing ❤

  • @bhaduyadav1160
    @bhaduyadav1160 10 місяців тому

    Thank you sir you help me a lot

  • @reenagupta3702
    @reenagupta3702 Рік тому +8

    Hello sir
    Do we have to study producer equilibrium also mc n Mr approach

  • @DivyanshKasera-tv2bs
    @DivyanshKasera-tv2bs Рік тому +1

    Sir humare school mai class 11 half yearly accounts ka paper bohot lengthy tha..10 marks chut gye..90-95% students ke ek question chute he hai.pada tha par complete he nahi hua 🥺
    Kuch tips dedo 🥲🙏🏻

  • @Punjab_91
    @Punjab_91 9 місяців тому +1

    Legents watch this vedio one day before exam😅

  • @maulikmalhotra9249
    @maulikmalhotra9249 11 місяців тому

    thanku sir really helpfull

  • @MuskaanShafi-xt2sk
    @MuskaanShafi-xt2sk 9 місяців тому

    ❤❤❤thank you so much sir 🎉❤❤❤

  • @priyanshichoudhari3736
    @priyanshichoudhari3736 Місяць тому +1

    Sir economic mein har chapter se jitna marks ka question aayega please karwa dijiye na

  • @Khu-shi11
    @Khu-shi11 4 місяці тому

    sir nice you have a great 🥰🥰🥰

  • @AsthaVerma-ck2dc
    @AsthaVerma-ck2dc Рік тому +1

    Sir please producer equilibrium kerwa dijiye🥲

  • @kashikaguptax-c2432
    @kashikaguptax-c2432 Рік тому

    Thankkyouu so much Sir!

  • @ishankishore1311
    @ishankishore1311 Рік тому

    Happy diwali rajat arordwa paaji

  • @muneebullah622
    @muneebullah622 8 місяців тому

    Kamal explain krty ha