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Episode 27: Monopoly

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Uploaded by on Aug 1, 2009

Characteristics and outcomes of the monopoly market structure.

Category:

Education

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Standard YouTube License

  • likes, 7 dislikes

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Uploader Comments (mjmfoodie)

  • can you produce more monopoly videos with more details ? please please please ! because i only understand your videos and not my lecturer :( so please help me ! thank you !

  • @katrinaleesg Not sure what other details you are after...?

  • at 3:10 most people put a dash for the first MR as there is no previous. What should I do on the test?

  • @milh467 Most charts like this actually have zero as the starting quantity, in which case I haven't started selling anything yet, so I can't talk about added revenue yet (hence the dash).

    In this video, I start with the very first unit sold, so previously (at zero units sold) there was $0 of revenue, and I can figure out how much the very first unit added (this wouldn't have worked with any quantity except the first unit).

  • I'm English, so I am afraid I'm fairly ignorant when it comes to North American voices, but... is that a Canadian accent I hear? It sounds delightful!

  • @baresolid Close - I was raised in upstate New York (a separate universe from New York City), so Canada was only a few hours drive away...

Top Comments

  • I honestly don't understand why your videos are rated less than 5 stars. I thought that meant that your explanation was off or incorrect, but this is bang on! Thanks

  • omg you're so much better than my teacher

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All Comments (64)

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  • Exam on Monday and this is my #1 revision tool

    Thanks so much!

  • This is absolutely brilliant, thank you so, so much.

  • So useful!

  • a happy monopolist indeed 5:10

  • U ARE THE BESTTTTTTTTTTTTTTTTTTTTTTT

  • SOOOOOOOOOOOOOOOO MUCHHHHHHHHHHHHHH

  • THANK YOUUUUUUUUUUUUUUUUUUUUUUU

  • OMG I LOVE YOUUUUUUUUUUUUUUUUUUUUUUUUUUU

  • i lov you !

  • Better than my prof!!! Keep up the good work!!!!

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