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Production Function - TP, MP and AP
Lesson 23 of 48 • 26 upvotes • 12:52mins
Madhuri
The lesson discusses the meaning of Production, Production Function, Fixed and Variable Factors and Short and long run. Total Product, Marginal Product and Average Product are also discussed.
Daily Dose Of Microeconomics: Class 12
48 lessons • 10h 22m
1
Overview of the Course
3:29mins
2
Economics - An Introduction
12:58mins
3
Economy: Meaning, Types and Central Problems
11:52mins
4
Production Possibility Curve - Part 1
14:32mins
5
Production Possibility Curve - Part 2
12:49mins
6
Concept of Utility - Total and Marginal Utility
14:36mins
7
Consumer's Equilibrium- Cardinal Approach (One Commodity Case)
14:46mins
8
Consumer's Equilibrium- Cardinal Approach (2 Commodities Case)
10:07mins
9
Ordinal Approach to Consumer's Equilibrium - Concept of Indifference Curve
14:54mins
10
Indifference Curve and Marginal Rate of Substitution
14:36mins
11
Budget Line - Meaning, Changes and Slope
14:26mins
12
Consumer's Equilibrium with IC and Budget Line (ORDINAL APPROACH)
11:39mins
13
Demand, Quantity Demanded, Demand Schedule and Demamd Curve
14:38mins
14
Demand Function - Meaning and Types
14:56mins
15
Law of Demand - Meaning and Reasons for Applicability
10:25mins
16
Exceptions To the Law of Demand
14:47mins
17
Changes in Demand and Quantity Demanded
14:25mins
18
Total Expenditure Method of Measuring Price Elasticity of Demand
10:44mins
19
Percentage and Geometric Method of Measuring Price Elasticity of Demand
11:52mins
20
Why minus sign is put before the formula of Price Elasticity of Demand?
14:54mins
21
Degrees of Price Elasticity of Demand
15:00mins
22
Factors Affecting Price Elasticity of Demand
12:05mins
23
Production Function - TP, MP and AP
12:52mins
24
Law of Variable Proportion -Part 1
14:53mins
25
Law of Variable Proportion -Part 2
14:49mins
26
Relationship among AP, TP and MP
13:27mins
27
Returns to A Scale - 3 Stages
15:00mins
28
Total Cost, Total Fixed Cost and Total Variable Cost
14:45mins
29
AFC, AVC and AC
14:51mins
30
AC and MC
12:58mins
31
Relationship between AR, MR and TR
15:00mins
32
Firm's Demand Curve under Different Market Situations
12:41mins
33
TR - TC Approach to find Producer's Equilibrium
13:25mins
34
MR - MC Approach to find Producer's Equilibrium
13:43mins
35
Short run and Long run Producer's Equilibrium
14:59mins
36
Supply, Quantity Supplied, Supply Schedule and Supply Curve
11:43mins
37
Supply Function and Law of Supply
13:33mins
38
Changes in Supply and Quantity Supplied
12:30mins
39
Price Elasticity of Supply - Meaning and Measurememt
12:39mins
40
Perfect Competition - Part 1
14:02mins
41
Perfect Competition - Part 2
9:24mins
42
Monopoly
13:23mins
43
Monopolistic Competition and Oligopoly
12:53mins
44
Market Equilibrium - Changes in Demand
14:53mins
45
Market Equilibrium - Changes in Supply
13:59mins
46
Market Equilibrium - Changes in both Demand and Supply
14:53mins
47
Market Equilibrium - Different cases summed up
7:47mins
48
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2:36mins
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