Welfare Comparison of Monopoly and Perfect Competition
Автор: Justin Eloriaga
Загружено: 2020-06-30
Просмотров: 7946
Описание:
This video compares the welfare of society under a monopoly and a perfectly competitive market structure. We explain these constructs intuitively and graphically and illustrate welfare indicators such as consumer surplus and producer surplus.
Created by Justin S. Eloriaga
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