I think it would be better to mention that we're talkng about a monopoly.

Please continue this series . Itz so helpful

Sir, plz solve the question. The demand and cost function of a firm are respectively: 𝑃 = 132 − 8𝑥 𝐶 = 𝑥^ 3 − 14𝑥^2 + 69𝑥 + 128 (where notations have their usual meanings) (i) Show that the competitive firm produces output in the inelastic range of demand curve. (ii) Show that the monopolist produces output in the elastic range of demand curve. (iii) Derive the efficiency loss (or dead weight loss) in monopoly.

nice i now understand the concept

nicely explained sir..student from sri lanka

प्लीज् कंटिन्यू its really helpfull

Great explanation

Thank you so much sir😊

Excellent video! but I have a question, how is the maximizing price the demand function after plugging in the profit maximizing output? isn't demand the quantity?

Ty

How about units to minimize costs and amount of min cost formula

Sir please i confuse mc = mr xaina sir

Sir u have written 0.5 but its 0.25

@Elevate_Trader

2 ай бұрын

When you differentiate 0.25Q2 it will give you 0.5Q

Sir where did you get the negatives when you were calculating the profit? Because in the equation there is no negatives

@HarshGupt-td2sk

3 ай бұрын

When neg sign(-) comes before an equation, the signs change.

Your low n u first,snd you font give things in details, assume that the ones you teaching no less,so details everything