Jacob Clifford
Perfect Competition in the Short Run
What exactly is perfect competition, one of the four market structures, in economics?
Khan Academy
Economics of a Cupcake Factory, Inflation, Finance and Capital Markets
Sal is starting a cupcake factory and walks learners through the cost and profit calculations necessary for any new business. He uses simple numbers for the start-up costs, overhead, product price, and cost per cupcake. Sal writes out...
Khan Academy
Cupcake Economics 3, Inflation, Finance and Capital Markets
This video continues to use the business model of a cupcake factory and explains how prices are driven.
Khan Academy
Cupcake Economics 2, Inflation, Finance and Capital Markets
The continuation of the lecture regarding a cupcake business. Sal provides some prominent and relevant examples of the costs and profits that may arise under different circumstances. He references an Excel spreadsheet that is available...
Curated OER
How Do You Solve a Word Problem Using a Function?
Yes, it's a word problem but you have all the information you need to solve it. You have a formula, and they have given you a value to plug in. So get to it and write out the formula, plug in the value and solve this word problem.
Curated OER
How Do You Solve a Word Problem Using a Function?
Yes, it's a word problem but you have all the information you need to solve it. You have a formula, and they have given you a value to plug in. So get to it and write out the formula, plug in the value and solve this word problem.