dead weight loss due to monopoly

[pr1nyc1]

Thank you sir, this helped.

[GenryHale]

Nice Video. I made a similar one but in a more visual way. Watch it, if you like. Thumbs up

[jmsrulz]

so da brack region is da deadweight ross?

[cam77hah]

I thought MC increase because of law of diminishing returns..anyway, nice video

[xxjordie]

SO THE MARGINAL REVENUE WHAT?!?!!

Great job though!

[lauretta1212]

Definitely a very good video. I learned a lot. THX

[Youdianwuyua]

haha love it

[mehranadab]

perfecto!



[nomiceco]

I roll my "r"s in Spanish as bad as he says his "l"s. That said, he has my new favorite voice. Soothing for some reason.

[Nene101TV]

im laughing sooooooooooo hard i cant even concentrate on revising!!!! lmfao

[ndrwplussine]

@Nene101TV that's cuz youre racist, theres no way you can live in places like new york or toronto if u can't stand someone's accent. At least most people can understand a chinese accebnt

[Nene101TV]

@ndrwplussine shut up BLAD i'm frm London and i can laugh at what ever i want to. FOOL. nd how can u call me racist do u even know what nationality i am.

[ndrwplussine]

@Nene101TV u fuckin prick, you're studying bourgeois economics, why does it matter how well this kid speaks english? It won't help your fuckin life anyways.

[pewaukeepirates24]

Aw come on guys the quarity of this video is rearry good

[ralphyguy1]

STOP CRITISISING, DO YOU I SEE YOU GUYS MAKING EDUCATIONAL VIDEOS.?

[MrPaperVille]

@ralphyguy1 Once agian you are a funny kid

[MischiefVolumeFilms]

he said seepry (supply) lol

[cherry91819]

it is a hongkongese accent ;)

[sfsy1]

Perfect comedy!

[BADDESTOFTHEMALLUKNO]

i must say i like chinese accent only because of this guy

[BADDESTOFTHEMALLUKNO]

what a FUCKING FUNNY ACCENT

[kookoo111222]

Indian?

[BADDESTOFTHEMALLUKNO]

@kookoo111222 who said anything about indian, if ur asking its chinese accent learnt in england, very FUNNY

[o00Adam00o]

Thank you. That was WERY interesting

[rhinocarlos]

I'm hunting WABITS..... or shall I say Iwakis!

[berlin45ers]

TOTOSOSO-BENEFIT

[jin37uk]

i found it really hard to keep a straight face whilst watching this

[MrSweetchoklet]

god bless the audience!!!!!!!!!!!!!!!!1

[Steeeezey]

mawginal wevenue

[mikemclarenf1]

I agree with the simplicity.  very nice explainations

[mapleleaf11]

he has african accent not chinese

[Fleishman322]

@mapleleaf11 lmfao, no he doesn't

[buffettlampert]

Remember, Monopolies do not have a S curve.

[BADDESTOFTHEMALLUKNO]

@buffettlampert ah bLLack erea heeya which is jus ah dat wey loss

[Roseena2006]

Excellent video. He explains each and every single thing without expecting us to know it. Thanks a world.

[ma3828]

this is greaaaatt !!!!!!!!!!!!!!!!

[tahateekhan]

funny accent

[ying708]

It's Asian

[tahateekhan]

yeah then asian accent is really funny

[arshenry]

hek! be a man! do the riggght thing!

[cri8tor]

Great web-cast.

Thank you

[anmo0926]

due, this video is so freaking helpfull

[BIONICxBROCOLLI]

I think she is Chinese

[UofTer]

I think He is Chinese

[ucdelectrohead]

this video was so helpful, really helped my head around the concept thanx a mill

[justuser82]

i didn't understand why MR is under D...

[pokettosnorlax]

Yeah I thought that, then I looked at my notes and I remembered that MR ---for perfect competiton--- is the same as D (both horizontal), confused me!

[happyjihad]

Suppose we have a straight-line demand curve that hits the horizontal axis at Q, then its marginal revenue curve is also a straight line and it hits the horizontal axis at Q/2. To prove this, suppose the demand curve is p = a-bQ. Then total revenue is TR = p*Q = (a-bQ)*Q = aQ - bQ^2. The marginal revenue curve is by definition dTR/dQ = a - 2bQ. So, to find the intercepts, set price = 0. Therefore, for the original demand (p=a-bQ) ==> p=0, Q=ab. For marginal revenue, p=0 at Q = 1/2*a/b.

[look8u]

Hello there,

I truely appreicate how the concept is made clear in this video, well done.

Thanks for sharing this lecture.