Long Run Supply Curve of Industry under Perfect Competition

Long Run Supply Curve of Industry under Perfect Competition

Пікірлер: 13

  • @user-wd6sk9pg9c
    @user-wd6sk9pg9c5 жыл бұрын

    Thanks a lot for your video👍😊 I was totally lost with LRSC! Thx from Korea

  • @ruata4cabin20
    @ruata4cabin205 жыл бұрын

    Thank You very much Sir. You had made one of the best explaination of thia topic. Your lecture is lucid and easy to understand. It takes out all the confusing part.

  • @richasingh2691
    @richasingh26914 жыл бұрын

    Sir thank you so much. Your video is more understanding than all the videoes on this concept and others on KZread.

  • @mandilakhesidumo5466
    @mandilakhesidumo54667 жыл бұрын

    Thanks Doc. very much,,oh what an educative explanation

  • @primeking9770
    @primeking97706 жыл бұрын

    Thank you soo much, you are a life saver!!!

  • @meghathakur6341
    @meghathakur63415 жыл бұрын

    really helpful video thankyou for it

  • @kundankumar-fi3zj
    @kundankumar-fi3zj6 жыл бұрын

    Thanks love u teaching

  • @raghavjasrotia4162
    @raghavjasrotia41626 жыл бұрын

    thank you so much !

  • @abhimanyushah5551
    @abhimanyushah55514 жыл бұрын

    Thank you sir

  • @reenasharma2585
    @reenasharma25856 жыл бұрын

    Sir ..Thank you for this nice explanation... but sir when the supply curve would be vertical to the Y axis what is the reason for it... Waiting for your reply .. Thank you once again

  • @rjk4563

    @rjk4563

    6 жыл бұрын

    Reena Sharma I think it is because of that industry cannot produce more goods such as supply of land. No matter how much the demand increase the supply cannot change since the land cannot be made.

  • @rjk4563

    @rjk4563

    6 жыл бұрын

    So when demand increase the only thing that can change is PRICE. The supply curve is vertical.

  • @ruata4cabin20

    @ruata4cabin20

    5 жыл бұрын

    It cannot be horizontal, if it is output will remain the same even with the change in price and other factors. So a vertical supply curve will not occured.