Profit Maximization in Competitive Markets

This video explains how firms in competitive markets maximize profit and outlines how to show that profit graphically. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.c... For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.c... By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook:   / economistsdoitwithmodels   Twitter:   / jodiecongirl   Tumblr:   / economistsdoitwithmodels