Cost and Production 6
1,082 views · Published 6 April 2010 · 10:54 · Indexed 29 September 2026
Channel: BurkeyAcademy · 2010 · Education
In this video we use the marginal cost curve for ONE perfectly competitive firm to derive the Market Supply curve for 100 small firms. Then, in "Cost and Production 7", we look at how changes to the market such as excise taxes or license fees can affect the market equilibrium. This Excel file can be downloaded from www.burkeyacademy.com
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