Producer Equilibrium
A producer is said to be in equilibrium when he produces that level of output at which his profits are maximum. There are 2 methods of determining producer equilibrium: TR-TC…
Microeconomics is an important subject for all commerce and humanities students. It talks about how money is created or how a person earns their livelihood in the day-to-day routine. You can learn several topics and can request your own topic via the contact form:
- Introduction To Economics
- Production Possibility Curve
- Demand Analysis
- Supply Analysis
- Forms of Market
- Money and Banking
- National Income
- Aggregate Demand
- Aggregate Supply
- Balance of Payment
- Government Budget
Showing 48 results for "Microeconomics"
Types of Revenue
There are 3 types of revenue that we mainly study under the forms of different markets. These includes: Total Revenue (TR)Average Revenue (AR)Marginal Revenue (MR) A quick note: Subscribe to our website…
Numerical on the Price Elasticity of Supply
In this post, I will be explaining the methods to solve numerical on the price elasticity of supply. I will be explaining the types of problems as well. Let’s start…
The Price Elasticity of Supply
The price elasticity of supply is a measure of the responsiveness of the quantity supplied to the change in the price of the commodity. It is also defined as the…
Change in quantity supplied & Change in supply
Changes in quantity supplied and movement along the supply curve are the same. Changes in supply and shift in supply are the same. These concepts are about the supply curve.…
The law of supply and its determinants
The law of supply and its determinants plays an important role for the producer. Remember, now you think of yourself as a producer and not a consumer. Think as if…
The Supply Curve
The way we have done the demand related concepts, in the same way, we will be discussing the supply related concepts. In this post, we will just focus on the…
Average Total Cost
Average total cost in economics plays an important role in understanding how the firm cost of production falls over a period. Average total cost comprises average fixed cost and average…
The Relation Between TC, TVC & TFC
Hi, today I will explain the relation between TC, TVC & TFC. It will be highly beneficial if you read my post on Total cost, Total variable cost, and total…
Total Cost, Total Fixed Cost, and Total Variable Cost
To understand the concept of the total cost, total fixed cost, and total variable cost, we will start with the meaning of cost, cost of production, and so on. I…
Learn with Anjali started because there wasn't an easy-to-consume resource to help students with their studies. Anjali is on single-minded mission to make you successful!
If you would like to suggest topics, leave feedback or share your story, please leave a message.
Leave a message
Copyright 2023 Learn With Anjali. All rights reserved. Terms & Privacy Policy