Long Run Cost and Output Decisions| Principle of microeconomics 1| SEM V| DU| SOL|
Автор: Decode Commerce
Загружено: 2025-12-28
Просмотров: 99
In this video we are covering the last chapter 9 of unit-3 Long run cost and output decisions
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Topics Covred:
0:19 Introduction
0:20-1:11 Long run cost and output decisions
1:12-1:46 Short run condition & long run direction
1:47-2:17 Maximising Profits
2:18-8:10 Blue velvet car wash Example with graph
8:11-9:00 Maximising losses (producing at a loss)
9:01-11:03 Producing at a loss to offsett fixed cost with graph
11:04-11:51 Short run industry supply curve
11:52-12:32 Long run cost ( economies & diseconomies of scale)
12:33-14:26 Increasing returns to scale with graph
14:27-15:01 Constant returns to scale
15:02-15:55 Diseconomies of scale
15:56-16:45 Long run adjustment to short run conditions
16:46-19:19 Short run profit: Moves in and out of equilibrium with graph
19:20-19:52 Long run adjustment: Investment flows
19:53-20:03 Revision
So with this we came to the completion of unit-3 of microeconomics 1
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