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Entry, Exit, and Supply Curves: Increasing Costs

73,022 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

94%
  • 6:09 / 6:32

Speech Rate:

  • 174 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

question

/ˈkwesCH(ə)n/

noun verb

Issue or problems you are dealing with. To have or express concerns or uncertainty.

nevertheless

/ˌnevərT͟Həˈles/

adverb

In spite of what has just been said; nonetheless.

constant

/ˈkänstənt/

adjective noun

occurring continuously. unchanging situation.

increase
noun verb

Fact of increasing; amount something grows by. become or make greater in size or degree.

decreasing

/dəˈkrēsiNG/

adjective noun verb

becoming smaller. action of making smaller. To reduce the size, amount or number of something.

industry

/ˈindəstrē/

noun

economic activity involving processing of raw materials and manufacture of goods.

individual

/ˌindəˈvij(o͞o)əl/

adjective noun

single or separate. Single person, looked at separately from others.

economic

/ˌekəˈnämik/

adjective

relating to economics or economy.

finally

/ˈfīn(ə)lē/

adverb

after long time.

greater

/ɡrāt/

adjective

Area larger than another e.g. in a city.

understand

/ˌəndərˈstand/

verb

perceive intended meaning of.

derived

/dəˈrīv/

verb

obtain something from.

important

/imˈpôrtnt/

adjective

of great significance or value.

fundamental

/ˌfəndəˈmen(t)əl/

adjective noun

Forming a necessary part, base, or core. A basic part of something.

decisions

/dəˈsiZHən/

noun other

conclusion or resolution reached after consideration. Choices made after thinking; final judgment.

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