No video
Level I CFA: Economics: The Firm and Market Structures-Lecture 2
This is Reading 13 for the 2021 exam.
This CFA exam prep video lecture covers:
Perfect competition
Monopolistic competition
For the Latest "Quantitative Methods" Full Videos and other Free Materials - Just click here: ift.world/pass...
Subscribe now: www.youtube.com...
For more videos, notes, practice questions, mock exams and more visit: www.ift.world/
Visit us on Facebook: / pass.with.ift
Пікірлер: 28
How should I revise before the Level I exam? IFT High Yield Course is the best way! Read more here: ift.world/product/high-yield-course-2021/
Really appreciate those free videos ! Amazing work !
@IFT-CFA
6 жыл бұрын
Dear Gavesh, Thank you for your great comments. We are really pleased that you are able to benefit from IFT KZread videos. Be sure to Like the videos; share IFT videos with your social media circles. Thank you! - IFT Support Team
is it correct to say that when market supply increases( no. of firms increase) then individual demand curves of each particular firm go down? (in both monopolistic and perfect competition?)
This is fantastic learning materials and thank you so much for sharing these. Very clear structured, detailed and educational! Followed the channel already.
@IFT-CFA
4 жыл бұрын
Glad it was helpful! IFT support team
Thank you for the amazing videos! Appreciate all of your hard work
@IFT-CFA
6 жыл бұрын
Dear Mike, We appreciate your nice remarks. Thanks for your support. IFT Support Team
Dear IFT, firms will start entering the market at 5.71.. as the economic profit is greater than 0, and eventually bring the price at 5. So at 13:45 in the above question, you said that the point of entering the market will be at 5. ie where ATC=Price. So why will they again enter the market at 5, is my question?
@IFT-CFA
4 жыл бұрын
in the long run, MC = MR = ATC; if P > ATC, i.e. economic profit is > 0, new firms will enter and if P IFT Support Team
I Think I am missing something here.. I did not see the previous readings referred to in this video, I just saw the videos before this one in the Economics section and all they talked about was the demand mainly May you please share the link for the videos that discussed supply, MC, ATC and those stuff?
@youssofsakr7227
5 жыл бұрын
Okay I found it on your channel on KZread.. It was not available on IFT's website
@IFT-CFA
5 жыл бұрын
We hope you will benefit from the videos. IFT Support Team
In the Monopolistic Competition slide, it is written that there are a large number of buyers and sellers but in the case of a monopoly, there is only 1 firm?
In one of the previous videos, you said that the profit maximization doesn't happen at lowest ATC because we might not be producing anything, but at 7:16, we are producing some goods at lowest ATC, so why not the profit maximization occurs at the lowest value of ATC?
@IFT-CFA
5 жыл бұрын
Dear Aditya, Can you please share the link of the "previous video" that you are referring to? IFT support Team
@Eliamma08
5 жыл бұрын
Profit maximisation happens when MR meets MC.
Sir in schweser its written Economic loss is when Mr < Mc but how can that be because theres always going to be a point on the graph where MR=P intersects MC
@IFT-CFA
3 жыл бұрын
There is only one point of intersection in the graph, the equilibrium point. IFT Support Team
Assalam o alaikum sir Please guide what happens when marginal revenue and marginal cost and what happens or is the relationship with optimal price and output
Monopolistic Competition : Large numbers of buyers and sellers ? min:15.34 . How's That ?
@IFT-CFA
5 жыл бұрын
Dear Samson, Please refer to R15, section 4 in the curriculum. IFT Support Team
Amazing work!
@IFT-CFA
5 жыл бұрын
Dear Kene, Thank you. We appreciate your wonderful comments. IFT Support Team
Thanks a bunch for your work
@IFT-CFA
6 жыл бұрын
Dear Iryne, Tank you for your kind words and continuous support. We are glad that you find the IFT material helpful. IFT Support Team
does the average total cost include oppurtunity cost?
@IFT-CFA
4 жыл бұрын
Opportunity cost is not included in total cost when doing accounting. However in economics, opportunity cost is included in a firm's total cost in order to know whether the decision was correct. It is known as an implicit cost in economics. IFT support team