Lesson 2 of 9 • 55 upvotes • 8:11mins
This lesson gives the theoretical explanation of why firm under Perfect Competition is Price Taker not a Price Maker?
9 lessons • 1h 14m
Perfect Competition Basics (in Hindi)
8:01mins
Why a Firm under PC is Price taker Not a Price Maker? (in Hindi)
8:11mins
Graphical Explanation
8:09mins
Short-Run Equilibrium
9:09mins
Short-Run Equilibrium (Normal Profit)
8:05mins
Normal profit graph Explanation
8:20mins
Loss case in Perfect Competition
8:05mins
Shut down point
8:00mins
Long Run Equilibrium
8:01mins