Lesson 10 of 10 • 2 upvotes • 13:23mins
We discuss the relationship between total revenue, average revenue and marginal revenue under imperfect competition.
10 lessons • 2h 7m
Cost and Revenue Analysis : Chapter Overview
4:53mins
Concepts of Cost
14:57mins
Behaviour of Cost in the Short-run
14:26mins
Average Cost Curve
15:00mins
Marginal Cost
10:50mins
Long-run Cost Curves
11:01mins
Why is Long-run Average Cost Curve U shaped?
14:59mins
Shifts of Long-run Average Cost Curve
14:59mins
Revenue Concepts
13:10mins
Relationship between Total, Average and Marginal Revenue under Imperfect Competition
13:23mins