Profit maximization | APⓇ Microeconomics | Khan Academy

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Learn about the profit maximization rule, and how to implement this rule in a graph of a perfectly competitive firm, in this video.

AP(R) Microeconomics on Khan Academy: Microeconomics is the study of individual decisionmakers in an economy, such as people, households, and firms. Learn how markets work, how incentives drive decisionmaking, and how market structure influences market outcomes. We hit the traditional topics from an AP Microeconomics course, including basic economic concepts, markets, production and costs, profit maximization perfect competition, imperfectly competitive market structures, game theory, factor markets, and income inequality.

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[mustafaansari]

This is sooo interestingly taught! Thanks a lot sir:)

[sarojhkalyan]

Thanks for the video! Really helped me to clarify a doubt I had regarding this.

[trixxpounce]

why did you color the entire rectangle? do you also need to cover the average total costs as well, to earn profit?

[rossfriedman]

Why would the marginal cost ever exceed the marginal revenue? You need to acquire more equipment at that point?

[willnaylor]

Crazy how you have 4.5 million subscribers but less than 200 views in 2 hours

[nhily]

I can't stand black board, why dont you try white board?