In order to maximize profits, firms must ensure that any given output level is produced at least cost and then select the price-output combination that results in total revenue exceeding total cost by the greatest amount possible. With this in mind, this second module of the Power of Markets course addresses how firms can most effectively convert inputs into final output and then covers determining the best price-output combination for a firm and how this varies depending on whether the firm is operating in a perfectly competitive or imperfectly competitive market setting.
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The Power of Markets II: Market Structure and Firm Behavior
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Dozent: Mark Zupan
8.191 bereits angemeldet
Bei enthalten
(124 Bewertungen)
Was Sie lernen werden
Students will be able to explain how firms select price-output levels in order to maximize revenue.
Wichtige Details
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4 Aufgaben
Erfahren Sie, wie Mitarbeiter führender Unternehmen gefragte Kompetenzen erwerben.
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Erwerben Sie ein Karrierezertifikat.
Fügen Sie diese Qualifikation zur Ihrem LinkedIn-Profil oder Ihrem Lebenslauf hinzu.
Teilen Sie es in den sozialen Medien und in Ihrer Leistungsbeurteilung.
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In diesem Kurs gibt es 4 Module
The Production Process: How Firms Convert Inputs into Final Outputs.
Das ist alles enthalten
8 Videos1 Aufgabe
How Firms Minimize the Cost of Producing Output.
Das ist alles enthalten
9 Videos1 Aufgabe
How Firms Maximize Profits in Perfectly Competitive Markets.
Das ist alles enthalten
10 Videos1 Aufgabe
The Sources and Uses of Monopoly Power.
Das ist alles enthalten
10 Videos1 Aufgabe
Dozent
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Empfohlen, wenn Sie sich für Business Essentials interessieren
University of Rochester
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Bewertungen von Lernenden
124 Bewertungen
- 5 stars
79,83 %
- 4 stars
13,70 %
- 3 stars
3,22 %
- 2 stars
1,61 %
- 1 star
1,61 %
Zeigt 3 von 124 an
Geprüft am 11. Sep. 2018
A very good taste and exposing to the economical thinking
Geprüft am 26. Feb. 2018
This course is indeed a helpful one and has helped me to understand the Market Structure in a very eminent way.
Geprüft am 21. Juni 2019
This course was great. I strongly recommend buying the recommended book, as it will help a lot.
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