Microeconomics Unit 3 COMPLETE Summary - Production & Perfect Competition

This video covers all of the key points of Unit 3 from the AP Microeconomics Course Exam Description (CED). Short-costs, Long-run cost, accounting vs economic profit, profit maximization, firm's supply curve, market long run supply.

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[rupinghosh]

2:21 Shouldn't the Marginal Product be 10 instead of 9? TP went from 36 to 46, so 10/1 = 10. Btw, you make this class so much easier to understand, rewatching them all before the exam. Thank you for making these.

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