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Perfect Competition By Rose Mwa

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Uploaded by on May 24, 2010

Teaching Econ....my way....
Lyrics Below....
had so much fun making this.......

Lyrics:
I remember the first thing that I heard when I learned of pc
A market of the same product, easy like weezy
No variety in pc
In the long run its perfectly equal, d is mr same as min. atc
All equal price and also the mc
At equilibrium there is no profit, you hear me
Cause cost equate the price. So you do make out real nice
Its socially efficient with the right connections
Allocatively on point cause its perfection
Not like monopoly, with its crooked ways
Its got the market in balance and you sayin

That you want pc, since it runs efficiently
That you need pc, since producers are maximizing
O my gosh, why can pc do it right
O my o my gosh pc market sets it right

So dada dada PC
Beter than monopoly
Dadadada pc no market's pure like it
Keep hatin cause itll always be all right
Keep on keep on hatin cause it wont change d or price

short run its got its moods like a crazy off chick
ya either makin profits or you cost is bum sick
when atcs above price ya gotta worry for real
betta cover fixed cost cause
if not u must quit
you got two kinds of profits
goin though them reall quick
accounting is when your p is above avc
with economic p must ride above atc
like if I was makin more than what it cost to bump this
In PC as a whole the price level wont be
Changed by a buyer or a seller who might think
That they have got power because they own this
Cause they are price takers who can't choose change it
Now with a relatively small market share they dont own it
They got no choice at all than to let the market be free
Its a pure competition that has got you sayin that
Perfection is hard to reach but pc has done it

That you want pc, since it runs efficiently
That you need pc, since consumers are maximizing
O my gosh, why can pc do it right
O my o my gosh pc market sets it right

So dada dada PC
Beter than monopoly
Dadadada pc no market's pure like it
Keep hatin cause itll always be all right
Keep on keep on hatin cause it wont change d or price

Now that you get the concept of it
Know for it exist many people must be goin in
Into the market, with the same product like it
With free entance and exit, you choose when you quit
No I aint a quitter so this perfection is it
Its the ideal market so try to step up to it
With unlimited buyers and sellers to join in
No one can effect it but by joinin they max it
Bringin d to atc it now long run thats it

That you want pc, since it runs efficiently
That you need pc, the market is maximizing
O my gosh, why can pc do it right
O my o my gosh pc market sets it right

So dada dada PC
Beter than monopoly
Dadadada pc no market's pure like it
Keep hatin cause itll always be all right
Keep on keep on hatin cause it wont change d or price
That you want pc, since it runs efficiently
That you need pc, since producers are maximizing
O my gosh, why can pc do it right
O my o my gosh pc market sets it right

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  • Would have been ok , but the beats are to loud to hear what you are saying.

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