@domsjuk
This course maximizes social welfare! :D
@pink.pearlie
I honestly wish he could be my lecturer due to the way that he explains the work and makes use of simple examples that will stick and make things less complicated.
@statecoscope
11:55 By lowering the price to sell more units, you're increasing your total revenue, but you're also reducing the percentage of profit on each unit. So, while you're still making money (and even more money overall), the profit margin per unit decreases.
@camilosanchez5696
This is incredible. Thank you MIT
@brainstormingsharing1309
Absolutely well done and definitely keep it up!!! πππππ
@AmitSahu-bu4ul
Thanks for Providing such an Intersecting & Informative Lecture.
@shivpuri5769
at 15:22 the equation for the demand curve should 24 -Q and not 24-2Q
@pmum150
Informative lecture..
@shaatiusmani6211
Such an enjoyable lecture!! Loved it
@gunaypnahova7094
This lecture is beneficial for society
@Eliaassss69420
Exactly what I need the night before exams
@BrunoPeitl84
15:07 There is an error on the slide. The demand function is P = 24 - Q, there is P = 24 - 2Q.
@Alibeysuleimanoglu
The slide on 15:25 reads Demand= 24-2q, it should be Demand =24-q.
@cameronhetzler5407
This professor is amazing but I canβt help but get Steve Carrell vibes from The Big Short. And Iβm here for that!
@radhikagupta419
great lecture!
@δΈδΈΈεδΈι
I found an error on the slide as Bruno had already pointed out. The demand function is P = 24 - Q, there is P = 24 - 2Q.
@gunaypnahova7094
Thanks Thierry lecture is benefical for society
@tuscany121
theres an error on graph 11-3, d should be p=24-q not 2q as that would cause d and mr to have the same line
@navinmurarka9613
In 8:00 there is no need to consider marginal cost zero since we are talking about marginal revenue.
@jamescalderon289