Hi guys, Welcome to the Advanced Video Search Engine, and you are watching MR=MC The Profit Maximization Rule. That video is uploaded by Econbusters at 2021-11-07T11:53:01-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [qRPwI-XiGE8]
| Name | MR=MC The Profit Maximization Rule |
| Video Uploader | Video From Econbusters |
| Upload Date | This Video Uploaded At 07-11-2021 19:53:01 |
| Video Discription | The firm will produce as long as MR exceeds MC. The firm maximizes profits if production continues until MR equals MC. Of course, the firm should not produce past this point, because after that point MC will exceed MR (if MC is upward sloping and MR is horizontal or downward sloping). This video is made for 1st year college students or AP/IB Economics students. It focuses on foundational economic concepts. qRPwI-XiGE8 |
| Category | Education |
| Tags | AP Economics | ap micro | microeconomics | economics | supply and demand | market equilibrium | profit maximization rule | profit maximizing level of output | MR equals MC | MR=MC | MR = MC |
