2nd)a question: how can you mathematically find the exact deadweigh loss in a monopoly,in an exercise with the q=a+bp and MC=c given?Is it [AR-MC]*[Qpc-Qm}1/2? where Qm,pm at monopoly equilibrium and Qpc at Perfect Comp.[i find Qpc via AR=Mc i guess). I just came up with all this,please tell me if this is the way to calculate it? Is it the same in a cartel?
@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
@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.
@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.
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.
Thank you sir, this helped.
pr1nyc1 3 months ago
This has been flagged as spam show
1st) awesome job
2nd)a question: how can you mathematically find the exact deadweigh loss in a monopoly,in an exercise with the q=a+bp and MC=c given?Is it [AR-MC]*[Qpc-Qm}1/2? where Qm,pm at monopoly equilibrium and Qpc at Perfect Comp.[i find Qpc via AR=Mc i guess). I just came up with all this,please tell me if this is the way to calculate it? Is it the same in a cartel?
Thanx
janellsiss 4 months ago
Nice Video. I made a similar one but in a more visual way. Watch it, if you like. Thumbs up
GenryHale 5 months ago
so da brack region is da deadweight ross?
jmsrulz 7 months ago
I thought MC increase because of law of diminishing returns..anyway, nice video
cam77hah 7 months ago
SO THE MARGINAL REVENUE WHAT?!?!!
Great job though!
xxjordie 8 months ago
Definitely a very good video. I learned a lot. THX
lauretta1212 9 months ago
haha love it
Youdianwuyua 10 months ago
perfecto!
mehranadab 10 months ago
im laughing sooooooooooo hard i cant even concentrate on revising!!!! lmfao
Nene101TV 1 year ago
@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
ndrwplussine 11 months ago
@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.
Nene101TV 11 months ago
@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.
ndrwplussine 11 months ago
@mapleleaf11 lmfao, no he doesn't
Fleishman322 1 year ago
Aw come on guys the quarity of this video is rearry good
pewaukeepirates24 1 year ago 17
This has been flagged as spam show
STOP CRITISISING, DO I SEE YOU GUYS MAKING EDUCATIONAL VIDEOS.?
ralphyguy1 1 year ago
STOP CRITISISING, DO YOU I SEE YOU GUYS MAKING EDUCATIONAL VIDEOS.?
ralphyguy1 1 year ago
@ralphyguy1 Once agian you are a funny kid
MrPaperVille 1 year ago
he said seepry (supply) lol
MischiefVolumeFilms 1 year ago
it is a hongkongese accent ;)
cherry91819 1 year ago
Perfect comedy!
sfsy1 1 year ago
@buffettlampert ah bLLack erea heeya which is jus ah dat wey loss
BADDESTOFTHEMALLUKNO 1 year ago
i must say i like chinese accent only because of this guy
BADDESTOFTHEMALLUKNO 1 year ago
what a FUCKING FUNNY ACCENT
BADDESTOFTHEMALLUKNO 1 year ago 3
Indian?
kookoo111222 1 year ago
@kookoo111222 who said anything about indian, if ur asking its chinese accent learnt in england, very FUNNY
BADDESTOFTHEMALLUKNO 1 year ago
Thank you. That was WERY interesting
o00Adam00o 1 year ago
I'm hunting WABITS..... or shall I say Iwakis!
rhinocarlos 1 year ago
TOTOSOSO-BENEFIT
berlin45ers 1 year ago
i found it really hard to keep a straight face whilst watching this
jin37uk 1 year ago
god bless the audience!!!!!!!!!!!!!!!!1
MrSweetchoklet 2 years ago
mawginal wevenue
Steeeezey 2 years ago 2
I agree with the simplicity. very nice explainations
mikemclarenf1 2 years ago
yeah then asian accent is really funny
tahateekhan 2 years ago
Excellent video. He explains each and every single thing without expecting us to know it. Thanks a world.
Roseena2006 2 years ago 3
this is greaaaatt !!!!!!!!!!!!!!!!
ma3828 2 years ago
funny accent
tahateekhan 2 years ago
hek! be a man! do the riggght thing!
arshenry 3 years ago 26
Great web-cast.
Thank you
cri8tor 3 years ago
due, this video is so freaking helpfull
anmo0926 3 years ago 4
I think she is Chinese
BIONICxBROCOLLI 3 years ago
I think He is Chinese
UofTer 3 years ago
this video was so helpful, really helped my head around the concept thanx a mill
ucdelectrohead 3 years ago
i didn't understand why MR is under D...
justuser82 4 years ago
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.
happyjihad 3 years ago
Hello there,
I truely appreicate how the concept is made clear in this video, well done.
Thanks for sharing this lecture.
look8u 4 years ago