The Theory Of The Firm Under Perfect Competition 30 Minutes Revision | Class 11 Economics Chapter 4

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✅ In this video,

✔️ Class: 11th
✔️ Subject: Economics (Microeconomics)
✔️ Chapter: The Theory Of The Firm Under Perfect Competition (Chapter 4)
✔️ Topic Name: The Theory Of The Firm Under Perfect Competition 30 Minutes Revision | Class 11 Economics Chapter 4
✔️ Topics Covered In This Video (By Sakshi Mam): This YouTube video is a comprehensive 30 minute revision on the Theory of the Firm under Perfect Competition. It will be presented by Sakshi Mam, who is a highly experienced economics educator. This lesson will help students gain better insights and understandings of the concepts and principles related to this economic theory. It will provide valuable points and details that can be utilized to help enhance the knowledge on the subject and score better in exams.
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00:00 Introduction - The Theory Of The Firm Under Perfect Competition 30 Minutes Revision
00:46 Revenue
01:31 Concept of Revenue
04:21 Relationship Between AR and MR
05:13 Relationship Between TR and MR
07:03 Break - Even Point
08:28 Shut - Down Point
09:45 Profit
10:31 Producer's Equilibrium
11:56 Marginal Revenue-Marginal Cost Approach (MR-MC Approach)
15:15 Supply
16:52 Determinants of Individual Supply
20:25 Determinants of Market Supply
20:49 Supply Functions
21;14 Supply Curve
22;00 Law of Supply
24:14 Movement Along the Supply Curve
25:41 Price Elasticity of Supply
25:57 Kind of Elasticity of Supply
27:45 Website Overview
25:06 Shift in Supply Curve
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