Topic Videos
Analysis Diagram: Outward Shift of Revenue
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
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.
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