Lectures related to Producer Profit Maximization in Microeconomics

Basics of Supply and Demand

Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.

Supply Elasticity and Production Factors

Explores price elasticity of supply, production factors, and optimal choices in production.

Production Factors Analysis: Short vs Long Run

Analyzes production factors in short and long run, isoquants, market equilibrium, and consumer surplus.

Monopsony and Imperfect Competition

Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.

Untitled

Monopoly and Market Power

Delves into monopoly, market power, price discrimination, and labor market dynamics.

Untitled

Demand Analysis: Willingness to Pay and Elasticity

Covers demand analysis, focusing on willingness to pay, elasticity, and consumer behavior in response to price changes.

Market Regulation: External Costs and Social Optimum

Addresses market regulation, focusing on external costs, social optimum, and the role of taxes and subsidies in achieving efficient production levels.

Reducing Emissions: Cost Analysis and Maximizing Profit

Explores cost analysis to reduce emissions and maximize profit through optimal measures.