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@SamsEconomicstutorials-jn9dc I am from India 🇮🇳. sir i am waiting consumer surplus and producer surplus calculate video. But another video uploaded Demand function, TC function, production function ,profit maximum solve this type question

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@@eloisadegila9583 th-cam.com/video/dvaRrxcCQHg/w-d-xo.htmlsi=hMgDQBJqSoBggsez This is my second video on profit maximization. The video explains how to calculate profit maximising price, profit maximising output, maximum profit, marginal Revenue, marginal cost, Total Revenue and Total cost. Subscribe to my economics TH-cam channel and click on the notification bell to get notified when ever I upload a new video.

@@aghimienadesuwa9901 at equipment, Qd=Qs. Therefore 2p - 1=4 Taking -1 to meet 4 becomes 2p=4+1 2p=5 Dividing both sides by the coefficient of p . We will have 2p/2= 5/2 P= 2.5

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I’m asking about consumer surplus and producer surplus

Say Qd=90000-6000p Qs=600p

@@Naryah. Please send a sample question and I will solve and send it to you for better understanding.

@@Naryah. Ok I'll do a video on this

So with the above demand and supply function, you are to find the I. equilibrium price and quantity II. Tax imposed $20 per unit III. Tax revenue IV. Subsidy $20 per unit V. Consumer and producer surplus at equilibrium VI. Calculate and interpret the price of elasticity of demand and supply at equilibrium

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th-cam.com/video/GjjOWutwGtI/w-d-xo.htmlsi=F6iE2aP96vx_lJVF This is my new video that explains how to calculate profit maximising output, maximum profit, Average cost, Marginal Revenue, Marginal cost . Subscribe and click on the notification bell to access all my videos and also be notified ever I upload a new video.

Welcome dear. You can share to your friends to help them

Thanks alot sir. Am real satisified

My question is why did you multtiply by quantity in ATC to get TC instead of dividing by quantity

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Price (dollars per gallon) Quantity demanded in July (gallons per day) Quantity demanded in November (gallons per day) Quantity supplied (gallons per day) 2.00 300 150 0 2.50 250 100 100 3.00 200 50 200 3.50 150 0 300 4.00 100 0 400 4.50 50 0 500 5.00 0 0 600 a) Draw the market demand and market supply curves. What is the equilibrium price and equilibrium quantity of ice cream in July and November? Is the allocation of resources efficient in July? Is it efficient in November? (10 marks) b) What is the maximum price that consumers are willing to pay for the 100th gallon of ice cream in July? In November? What is the minimum price that producers are willing to accept for the 100th gallon in July and November? (10 marks) c) What happens to consumer surplus and producer surplus in November compared to July

please help me

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Our new video on how to calculate price Elasticity of supply is out. Subscribe like and share. If you find it helpful let me know in the comments section . th-cam.com/video/UW8HdZQjVnk/w-d-xo.htmlsi=d_9PxJmLgiN4GLYq

It's the currency of my country

In my next videos I will be using dollars because it's popular. Thank you

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Our new video on how to calculate price Elasticity of supply is out. Subscribe like and share. If you find it helpful let me know in the comments section . th-cam.com/video/UW8HdZQjVnk/w-d-xo.htmlsi=d_9PxJmLgiN4GLYq

th-cam.com/video/0_vv-8p-l_w/w-d-xo.htmlsi=TbFBPzqsR5Dw5Ixx This is my new video on how to calculate price elasticity of demand.the video also helps to interpret the coefficient of elasticity Please watch, like, comment and you find the video helpful please share

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Our new video on how to calculate price Elasticity of supply is out. Subscribe like and share. If you find it helpful let me know in the comments section . th-cam.com/video/UW8HdZQjVnk/w-d-xo.htmlsi=d_9PxJmLgiN4GLYq

Please Check and correct the Demand function

Check the demand function "Qd =50000 - 10000"

Qs= 10 000Pand Qd = 50 000- 10 000P calculate the price and quantity did got 25000 Qd and price 2,50

Am I on the right track

Qs= 10000p , Qd = 50000 - 10000p At equilibrium Dd =Ss 50000 - 10000p =10000p Collecting like terms we have 50000 = 10000p + 10000p 50000= 20000p 50000/20000=20000p/20000 P= 2.5 Substituting the value of P in the demand function we will have. Qd =50000 - 10000(2.5) =25000 units Therefore. Equilibrium price ,p =2.5 And equilibrium quantity Q = 25000 units

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When the price range is not given we use the price intercept in the demand function and in the supply function. Look at this other video th-cam.com/video/wyKJ5T-UMvQ/w-d-xo.htmlsi=wvWtIpAxzNgAmioZ

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@@Endu3299 This our new video. That explains how to draw a demand curve when a demand function is given. Please subscribe to my economics TH-cam channel. Click on the notification bell to get access to all my videos. Watch this video well so that when we get solving questions on price elasticity of demand , consumer surplus and producers surplus it will be easier for you.th-cam.com/video/cxc1EfRQEdU/w-d-xo.htmlsi=-jYcvrdGfmQCNfez