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Economics

Student Videos

Analysis Diagram: Outward Shift of Revenue

Level:
A Level
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

This short revision videos takes students through the effects of an outward shift of both AR and MR for a profit maximising firm in an imperfectly competitive market. Price, output and total profit will all increase assuming the conditions of supply remain unchanged.

Analysis of an outward shift of AR and MR

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