#30 Short run cost function | TC, AC, MC

#30 Short run cost function | TC, AC, MC | By Hardev Thakur

Рет қаралды 79,729

3 жыл бұрын

#30 Short-run cost function | TC, AC, MC | By Hardev Thakur
In this video, we will discuss what is cost function and its types i.e. Short-run and long-run cost function. and we will discuss in detail that what is short-run cost function and its components such that Total Cost, Total Variable cost, Total Fixed cost, Average fixed cost, the average variable cost, Average Fixed cost, and Marginal Cost. Also, we will solve two MCQs at last.
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Test your knowledge by attempting cost function Quiz:
letsdiscusseconomics.blogspot...
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#Shortruncostfunction #costfunction #Totalcost #Averagecost #marginalCost #Averagevariablecost #Averagefixedcost #learntocompete #Hardevthakur

Пікірлер: 54

@LearntoCompete 3 жыл бұрын

Let's find out how much you know about the cost function. Attempt the Quiz: letsdiscusseconomics.blogspot.com/2021/03/cost-function-mcqs-tc-ac-mc.html

@akashshetwe5187 3 ай бұрын

I never comment on videos but you have taught so well it made me leave a comment.Thank you a lot !

@alkayadav8081 8 ай бұрын

Explanation is lucid🥰cost function is the relationship between cost and output. There are two types of cost function -short run and long run. In short run some factors are fixed and some are variable, In long run all inputs are variable. Average fixed cost is the total fixed cost upon quantitu average variable cost is the total variable cost upon quantity. Average total cost or average cost is the total cost upon quantity. The shape of average fixed cost is horizontal to the X-axis. The shape of total fixed cost is horizontal to x axis, the shape of total fixed cost and total variable cost os first concave downward and then concave upward.

@amritagurjar337 Жыл бұрын

Sir Economics m apke jesa koi duja ni Eng. Medium walo k liye ap msiha ho sir Thank uuuuuuu sir

@g11karishmas97 3 жыл бұрын

Very very very clean and clear explanation 🙏🙏🙏👏👏👏👏

@salonirai2309 Ай бұрын

Very well explained!

@subhasismishra3188 2 жыл бұрын

Sir aap k video se concept clear ho jata hai....Thank u

@laxmanbiharivyas8930 2 жыл бұрын

What an explanation. No words to praise. Hats off to u. I watch ur all videos sir.

@LearntoCompete 2 жыл бұрын

Thankyou for watching... Please share with you friends as your one share will motivate us to come up with new videos.🙏

@124sakshisheth5 3 жыл бұрын

Thankyou so much❤ after this video my all doubts got cleared. Perfect explanation, perfect examples. Really Sir Thankyou so much ❤🙏🏽

@LearntoCompete 3 жыл бұрын

Thankyou🙏. Please subscribe and share🤝

@124sakshisheth5 3 жыл бұрын

Already did❤

@shreyapednekar 2 жыл бұрын

The graph and table explanation was so good 👏🏻👏🏻👏🏻

@meghasantra2612 Жыл бұрын

Sir aap bahut aacha explan Karte hai... Apke wajase najane kit ne student ke concept clear ho gai un me se mai bhi ek hu...thank u.....and keep it up

@shreyapednekar 2 жыл бұрын

This was so great! Never thought this would be so easy to understand. Thank you so much! 🙌🏻

@waliulislam2336 Жыл бұрын

Love from Bangladesh

@dollarchhabra3965 2 жыл бұрын

Beautifully explained !!! loved this video

@DiyaBhatt1225 9 ай бұрын

Aap guru ho hamare, shukriya!!!

@bilal_ali 5 ай бұрын

Best

@AnshikaSingh-qr5xs Жыл бұрын

Thanks sir for giving best explanation

@saritarani9351 3 жыл бұрын

Really, your video helps a lot☺️

@chandarajak8245 2 жыл бұрын

Nice sir aap bht acha pdhate h bht hi acha ❣❤

@garimakamboj9561 Жыл бұрын

Great!

@royaljat84 Жыл бұрын

Very well explained 👍

@ainajhatial9414 2 жыл бұрын

Thanks 👍

@gourimohapatra2076 3 жыл бұрын

Thanks a lot

@faheem__08 2 жыл бұрын

Thank you 💛

@poojaverma7899 2 жыл бұрын

Thanks...........

@akanshajain8211 3 жыл бұрын

Your videos are really helpful

@LearntoCompete 3 жыл бұрын

Glad you think so!

@VmlYdv Жыл бұрын

Explain the mathematical form and properties of spillman production function.

@simran7761 2 жыл бұрын

tooo good

@priyanshubisht1220 2 жыл бұрын

Jod💚🔥

@jagroop200 2 жыл бұрын

Hello sir, is output column value is randomly assumed ?

@hihihihihihi9041 9 ай бұрын

Very nice❤

@surajparkash3572 Жыл бұрын

nice explanation

@mdrobinbhuiyan8824 8 ай бұрын

❤❤❤❤❤

@user-hs9we1ue7m 6 ай бұрын

Lanrange therom b explain kr dyn

@shivani_aggarwal82 3 жыл бұрын

Sir plz do a video on long run also as soon as possible.. my exams are near

@Sirvik11 9 ай бұрын

Sir, TVC and TC curves ka graph toh inveresely S shaped hota h or I actually mean to know the reason of inveresely S shaped curve of TVC which you didn't talk about at all. Please make it clear sir

@shacheetiwari7865 Жыл бұрын

❤️❤️

@Vipersnke 2 жыл бұрын

Why am I getting different answers for MC with this formulae TCn - TCn-1

@SHANTIKUMARIMASEM Жыл бұрын

❤️❤️❤️❤️❤️

@jaysikhajesli4853 2 жыл бұрын

I have a doubt that can we take tvc any amount that we want or is there any certain method to find tvc when output is 10 i.e. the first tvc?

@parul5669 Жыл бұрын

At every level of output TVC = AVC ×Q

@nidhisharma7113 Жыл бұрын

Sir please clear me is this true or false. ' MC can never be constant in short run '

@minkishah7364 3 жыл бұрын

How can tvc be a straight line in many books it is inverse s shape and reason is bcoz of law of variable proportion .

@LearntoCompete 3 жыл бұрын

Yes you r right. Its just to simplify so that they first understand that TVC curves are upward sloping, Watch long Run cost function video there i explained why i showed it straight line🙏

@bikramchampati7954 2 жыл бұрын

Sir TVC CURVE INVERTED S SHAPE

@GhulamMustafa-gr9bh 2 жыл бұрын

Sir! Jab output=0 hogi to AVC=AFC=ATC=infinite lakan ap nay AVC=AFC=ATC=0 lekha plz explain

@hanumanhindusthani7436 7 ай бұрын

Na to 0 hota or na hi infinite hoga jab output hi 0 hai to kuch bhi define nhi hoga so _ aa jayega

@GhulamMustafa-gr9bh 2 жыл бұрын

Sir! When output=0,AFC=infinite but according to you AFC=0 how it is possible? We know that AFC=FC/Q when Q=0 ,AFC=infinite

@bikramchampati7954 2 жыл бұрын

AFC ZERO NEHIN HOGA KABHIBHI

@muhammadabuzar4509 2 жыл бұрын

1.Total cost is equal to: a. Total receipts-GP b. GP-TOTAL Receipt C. Non of these. 2. The basis of international trade and the reason many economists oppos productive tariff is the law of a. Diminishing returns b. Comparative advantage C. Diversification Plz sir correct answer