Profit Maximisation in Perfect Competition

Hi Everyone in this video I’m going to discuss Profit Maximisation in Perfect Competition. Chapters below: 0:00 Introduction and Maximising our Profit Function 1:37 As applied to Perfect Competition 3:06 Seeing the Profit Maximisation on our diagrams 6:28 Short Run and Long Run Caveats Other videos that might be useful: Shut Down and Entry / Exit Decision:    • The Short-Run Shut-Down versus the Long-Ru...   Practice Problem on Shut Down and Entry / Exit Decision:    • Practice Problem: Shutdown / Exit and Entr...