Long Run Equilibrium under Perfect Competition in Hindi

This is video is in continuation of earlier two videos where we discussed about the Perfect competition and price determination under perfect competition in market period and short run.
In this video the same equilibrium of perfect competition is defined in the long run.
Hope you enjoy the video.
𝗙𝗼𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 / 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻𝘀 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗤𝘂𝗲𝗿𝗶𝗲𝘀 Contact 𝗮𝘁: [e-mail]
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[@a.mahwishhassan9595]

Points
1)All Factors are variable
2)Total cost=Total variable cost
3) Equilibrium is determined by total cost
4)Mc=P=L. A. C( longrun avg cost)
5) P=Ac(Normal profit)
P>Ac(super normal profit)
P

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Sir, are the price output decisions similar to the price output determination? or is there any difference?

[@DrNavedClasses]

Decisions are taken by the producers. Demand and supply determine the price

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