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Perfect Competition

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Uploaded by on Jul 8, 2010

A brief video taking students through the proper mechanics of diagramming a perfectly competitive firm operating in a perfectly competitive market. In this video, I demonstrate how economic profits are eliminated in the long run.

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Education

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Standard YouTube License

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  • Thank you so much <3

  • This is great. Helped a lot for my GSCE's.

  • Great explanation

    

  • Great explanation. Thank you so much for sharing!

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