Entry, Exit, and Supply Curves: Constant Costs
- Title:
- Entry, Exit, and Supply Curves: Constant Costs
- Description:
-
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Some industries have a flat supply curve. These are called constant cost industries. Take domain name registration, to increase the supply of domain names, we must only increase the inputs by a negligible amount. That is why even as the internet expands so rapidly, it still costs only about $6 or $7 dollars to register a new domain name. By showing you how these industries respond to an increase in demand, we can explain why it’s a constant cost industry.
Microeconomics Course: http://mruniversity.com/courses/principles-economics-microeconomics
Ask a question about the video: http://mruniversity.com/courses/principles-economics-microeconomics/supply-curve-constant-cost-industry#QandA
Next video: http://mruniversity.com/courses/principles-economics-microeconomics/supply-curve-decreasing-cost-industry
- Video Language:
- English
- Team:
Marginal Revolution University
- Project:
- Micro
- Duration:
- 10:29
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John Silva edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs | |
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Letícia Barbosa edited Portuguese, Brazilian subtitles for Entry, Exit, and Supply Curves: Constant Costs |