Let's take a deeper look at how firms profit under different types of market structure regimes. We'll go over the topics of marginal cost and total average cost, look at the shapes of their curves, and explore an example of how marginal cost can be different than the average total cost, especially early in the production cycle.

Get more homework help from Chegg at [ Ссылка ]
Watch the whole Microeconomics playlist: [ Ссылка ]

About Chegg:
Chegg is a leading education technology company that provides students with affordable and accessible study resources. Chegg's mission is to help students save time, save money and get smarter.

Subscribe: [ Ссылка ]
TikTok: [ Ссылка ]
Instagram: [ Ссылка ]
Twitter: [ Ссылка ]

00:00 Intro
00:24 Supply curve basics
00:46 Marginal cost
01:35 Average total cost

свернуть