Episode 26: Perfect Competition
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Uploader Comments (mjmfoodie)
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All Comments (49)
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Ur genious buddy...tnXx a lot..!!
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ThXXXXXXXXXXXXXX. You save my life. I luv you!
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"the entry only stops when there is no more profits to attract the sharks" :D
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I LOVE YOUUU that made this!
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you-"sounds good rite?"
me-"Right!" :D
you- "WRONG"
me-> T_T
4 months ago 2
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thankyou, really helpful
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Great video, explanation. Thanks.
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PAJ HOLDEN IS THE BEST TEACHER ON ECONOMICS ; WAY BETTER THAN MJM FOODIE :P
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Nicely done :)
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And when she say profits will equal to zero, I assume she means economic profit is equal to zero.
notwithoutmilk 6 months ago 3
@notwithoutmilk yes, indeed.
mjmfoodie 6 months ago
your videos are absolutely amazing!!! cleared up all my doubts in no time at all!!! =D thank you so much!! if a ace my exam tmr it'll all be thanks to you!!!!! =D
ps: i cant quite seem to find your videos on returns to scale and economies of scale... do you have them?
nikikinja11 8 months ago 3
@nikikinja11 So far, I have covered returns to scale only in passing in the production and costs videos.
mjmfoodie 8 months ago
thank you for this. i have a final tomorrow in my course and am utterly hopeless at economics (perhaps being irish has something to do with it!) but this has been quite helpful.
MrSkeff 10 months ago
@MrSkeff I hope it isn't anything to do with being Irish, as I have a substantial amount in the family tree...
mjmfoodie 10 months ago