Thank you for this video, Dr. Pelly, I plan to take the Ch. 4 quiz in the next couple of days, and I am hopeful that I will pass. I am excited to also use these review videos to study for the final exam. -Sydney Ligon
Thank you for going over perfect competition and maximization. I learned that supply an demand equilibrium price determines the price of the market. The video has prepared me for quiz #4. - Zavier Askew
Thank you for this insightful review for quiz #4! I was able to review key concepts like short run vs long run and monopolies. In the short run, one factor of production is variable, while others are fixed. In the long run, all production factors can vary. Also, monopolies have a single seller, unique products, and barriers to entry. - Hannah Daniel
This video covered some concepts I've never heard before. Economic profits are maximized at the vertical distance between revenue and cost. Aaron Danner
I learned that in perfect competition, firms maximize profits by producing at the level where marginal revenue equals marginal cost, and the market determines equilibrium prices through supply and demand.-Aries Fitzgerald
This video helped me pass Quiz 4, tthank you!- Allison Commodore
Thank you for this informative and detailed review! I’m confident about Quiz 4 now! - Imani Suitt
This video helped me understand the concepts of the quiz, Thank you!
-Ryann Lovelace Brown
This video helped me understand what I need to study for the quiz and made it easier to understand what the notes show
- Tristan Ewing
Thank you for the quiz review video, I feel very prepared going into taking the quiz.
- Lauryn Fowler
Thank you for this video, Dr. Pelly, I plan to take the Ch. 4 quiz in the next couple of days, and I am hopeful that I will pass. I am excited to also use these review videos to study for the final exam. -Sydney Ligon
This video helped me review and prepare for the quiz. Thank you! - drick bolor
I thought I was going to struggle in this class but having these review videos always helps me understand the quizzes!-Kiara Richmon
Thank you for going over perfect competition and maximization. I learned that supply an demand equilibrium price determines the price of the market. The video has prepared me for quiz #4. - Zavier Askew
Thank you for this review, very helpful for this upcoming quiz! - Brianna Elibo-Mendez
Thank you for this insightful review for quiz #4! I was able to review key concepts like short run vs long run and monopolies. In the short run, one factor of production is variable, while others are fixed. In the long run, all production factors can vary. Also, monopolies have a single seller, unique products, and barriers to entry. - Hannah Daniel
thanks so much for this video - myka morgan
This video greatly helped me pass the quiz! - michaela robinson
Thank you for this video, Dr Pelly. It has helped me review for the upcoming quiz. -- Smriti Timalsina
This video helped me review and prepare for the quiz. Thank you! - Sujal Bhattarai
This video covered some concepts I've never heard before. Economic profits are maximized at the vertical distance between revenue and cost. Aaron Danner
This video 100% assisted with preparing me for quiz #4! - Layla McMurtry
Thank you for the review professor. - Chirag Dhungana
Thank you for reviewing the chapters for Quiz 4, Dr. Pelly. I feel prepared for the quiz.
-Shruti Timalsina
I learned that in perfect competition, firms maximize profits by producing at the level where marginal revenue equals marginal cost, and the market determines equilibrium prices through supply and demand.-Aries Fitzgerald