Micro 3.4 & 3.5 Types of Profit and Profit Maximization

This video covers topic 3.4 & 3.5 of the AP Microeconomics Course Exam Description (CED). It includes the accounting profit, economic profit, normal profit, breaking even, profit maximization, and marginal analysis.

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[PetsonPetrus]

You are the best extinguishing teacher in this world

[andrirogel]

These videos are really helpful. Thank you for taking time to make them!

[PetsonPetrus]

If I have teacher like you is will be my pleasure ❤❤

[Mouath]

and to find profit max. we use TR>TC at largest point or MR=MC? thank you for your hard work

[Mouath]

you said economic profit is TR - total costs, why in the examples you did accounting profit - previous income

[myplace]

hello do i have to learn the monopoly graph this lesson? or is it covered again in unit 4? thank you

[PetsonPetrus]

I was in marwadi university from india but I don't get It, Clear like that.