shaalaa.com
S

Video tutorials - Economics: Introductory Microeconomics - Producer Behaviour and Supply CBSE 12th CBSE

Account
User


Login
Register


      Forgot password?
Share
Notifications

View all notifications
Books Shortlist
Your shortlist is empty
InstituteCBSE
Subject  Economics
Topic  Introductory Microeconomics - Producer Behaviour and Supply

Video Series

We have provided more than 1 series of video tutorials for some topics to help you get a better understanding of the topic.

Series 1


Series 2


shaalaa.com | Revenue Part 1

shaalaa.com


Next video


shaalaa.com


Revenue Part 1 [00:21:29]
S

Feedback

Description

  • Meaning of Production function - Short-Run and Long-Run
  • Total Product, Average Product and Marginal Product. Returns to a Factor Cost: Short run costs - total cost, total fixed cost, total variable cost; Average cost; Average fixed cost, average variable cost and marginal cost-meaning and their relationships.
  • Revenue - total, average and marginal revenue - meaning and their relationships.
  • Producer's equilibrium-meaning and its conditionsin terms of marginal revenue-marginal cost.
  • Supply, market supply, determinants of supp y, supply schedule, supply curve andits slope, movements along and shifts in supply curve, price elasticity of supply; measurement of price elasticity of supply - (a) percentage-change method and (b) geometric method.
S