JLC - Cost Curves Anthem

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Parody of Short Kings Anthem - TMG ft. Blackbear

Lyrics:
[Intro]
We graphin’ cost curves

[Verse 1: Cami]

Uh, baby, lower the costs of production
That’s so we can maximize profit (Hoo!)
Draw ATC below MR=D=AR=P
Just ask Amy, it ain’t that hard

[Skit: Amy Rasin]
Seriously, it's not that hard

[Continue verse 1: Cami]
(At least) one input fixed, that’s short run
All inputs variable, now that’s long run (Yeah!)
Draw market and firm graphs side by side
The MR=D=AR=P curve will be a straight line

MC intersects ATC at its lowest point (lowest)
Label the quantity and price at equilibrium (equilibrium)
MC also represents the supply curve (ooh)
MR=MC is profit maximization

[Chorus: Lauryn]
Hey-ey-ey, I’m five foot something but my bills all paid
Using what I learned in econ today
Econ is obsessed with opportunity cost
Just read the textbook, you won’t get lost

The principle of econ is scarcity
Cost curves, mama, ayy
Draw the MC curve like Nike
Cost curves, mama, ayy

Ain’t no barriers to entry
This is PC*, not monopoly
The principle of econ is scarcity
Cost curves, mama, ayy, cost curves

[Verse 2: Joy]
Draw the curves for supply and demand (Market!)
There are five determinants for demand (Five!)
Buyers, income, tastes, expectations
Don’t forget the price of related goods

The demand curve is sloping downwards
The supply curve instead slopes upwards (Up!)
Where they intersect is equilibrium
Translate that price to the firm graph (Econ!)

Draw a dotted line (of price) across
Analyze the graph, we don’t want no loss (Woo!)
These types of firms are price takers
As for us, we are profit makers (Hahahaha)

[Repeat chorus]

[Outro skit: Joy & Cami]
[Cami] Welcome back to cost curves radio, now we’re gonna hear from one of our listeners
Caller number five, you are on the air

[Joy] Yo, I just wanna give a big shout out to JLC
Uh, that econ parody, uh

[Cami] Mhm

[Joy] It helped me get an A
I was struggling in econ and, like, I’ve never had a song enlighten my knowledge about cost curves

[Cami] Haha, okay

[Joy] So I just wanna say, thank you JLC, thank you Lauryn for helping me, uh, get an A in econ
Uh, it was sick dude, thank you
Thank you so much

[Cami] Haha, well that’s great to hear, caller, glad you got a good grade
Next up, M7RACLES

*PC stands for perfectly competitive.

voice // lyrics
camille bella agricula
lauryn garcia
joycelyn chi

film
james huang
megan yu
camille bella agricula

editing
camille bella agricula

guest appearance
amy rasin

Anthem