Monopolistic Competition- Short Run and Long Run- Micro 4.4

In this video I explain how to draw a firm in monopolistic competition. Notice, the firm will make zero economic profit in the long run since there are low barriers to entry. Make sure you know how the graph changes from the short run to the long run.

[victoriakhammar]

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[willthomas]

these are so much more useful than my university lectures!

[gracesze]

41 minutes of class compressed into 2. Thank you!!

[TheLynnsepeda]

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[cutiekabe]

I learnt more in 2 mins than I did in 1 hr! Thank you!!!

[vanessamusa-aisien]

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[phillieman]

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[chazrivera]

Just knocked out Macro and Micro in 12 weeks over the summer. The content on these videos got me through it! The packet was on point. Consumer surplus for me was $ 10, as I would have bought it for double the price. Channel is legit!

[deonlee]

Thank you so much Mr. Clifford! 4 minutes of your videos can be worth a 1 hour lecture

[LegenderyLdrago]

What a legend

Literally solved my basics for the finals tomorrow. Thank you good sir!

[Purplelasagna]

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[anonymoussb]

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