Office Hours: Calculating Monopoly Profit
Автор: Marginal Revolution University
Загружено: 2016-03-15
Просмотров: 113272
Описание:
In our video on Maximizing Profit Under Monopoly, we cover how firms can use their market power to raise the price of a good well beyond its marginal cost. A practice question from the Microeconomics final exam asked you to find the total profit of a monopolist under certain conditions. In this Office Hours session, Mary Clare Peate, Marginal Revolution University’s Instructional Designer, helps you solve that problem.
Vote on a topic for our next Office Hours video: http://bit.ly/1psatWs
Additional practice questions: http://bit.ly/1nM7ciO
Maximizing Profit Under Monopoly: http://bit.ly/22i0nbT
Principles of Microeconomics Course: http://bit.ly/20VablY
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