Maximizing Profit and the Shut Down Rule- Micro Topics 3.5 and 3.6
Published February 19, 2021
Views 477K | Likes 10.1K | Comments 176
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Hey econ students. If there is only ONE thing that you need to know for your microeconomics class (and for running your own business) it’s the profit-maximizing rule. You always produce where MR = MC. Well, not always. Sometimes you should shut down instead. In this video I show you the profit-maximizing rule and the …
- Published
- February 19, 2021
- Made for kids
- No
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