Perfect Competition, Price Takers, Goals, Economic Profit and Revenue. Oh yeah, and some graph work. Microeconomics - 119: Continuation of SR and LR costs: http://www.youtube.com/watch?v=CZreH224ilw Microeconomics - 121: Profit-Maximizing Output: http://youtu.be/iBdW6OzL8ZA Please comment, rate and subscribe. Follow us on twitter : https://twitter.com/#!/coursehack Become a fan on facebook : https://www.facebook.com/CourseHack Add us on Google+ : https://plus.google.com/b/106464811545000105636/
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