Chapter 15 - Monopoly

[@olo1135]

I have nothing against my professor but your explanation is simple and make this course look easy. Thank you I Got a great mark on my test because of you. God Bless You

[@DrAzevedoEcon]

Glad that the video helped and that you did well on your test!

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My first semester test I got a 32%, after watching your videos I got a 74% on my second test. I know its still not a great grade, but you really helped me out. Thank you.

[@DrAzevedoEcon]

Great! Improvement is what counts. Keep up the good work!

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[@DrAzevedoEcon]

I'm glad to hear the test went well!

[@shivamthakur8325]

Sir you really have excellent skill of teaching and making all student understand.

[@DrAzevedoEcon]

Thank you!

[@Vmp1234]

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[@ThePhilosophicalGuest]

I have exams in two days and I’m struggling with monopoly but his video is really helpful ThankYou Sir.

[@DrAzevedoEcon]

I hope your exams went well. I hope the video helped.

[@temaalyanoglu1110]

May god bless you ,sir. Thank you from the bottom of my heart! you must have put in a lot of time and efforts to make these amazing videos. i could never repay you or thank you enough.

[@DrAzevedoEcon]

You're welcome!

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[@KhalistoBaakWieu-si3tk]

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So perfect, so helpful, literally save us from a lot with your skills of teaching, god bless you and your family

[@diannagunnink6310]

Thanks! This has been so helpful! Wish I found your videos earlier!

[@ThatoFX]

Dr. Thank you sooo much for going in depth with every part of the topic, I was struggling to find marginal revenue given the conditions of the demand curve, FC and MC because my lecturer just skipped through it for some reason. OH! you saved me Sir😄😅

[@DrAzevedoEcon]

I'm glad to hear the video helped! Good luck with the class!

[@timasaleh7894]

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[@GirinSofia]

Thank you so much professor, thanks to your videos I passed my exam. Hello from Seoul

[@DrAzevedoEcon]

Great job! I'm happy to have been able to help!

[@eshetuketema3967]

May god bless you ,sir. Thank you from the bottom of my heart! you must have put in a lot of time and efforts to make these amazing videos. i could never repay you or thank you enough
keep it up.

[@DrAzevedoEcon]

Thank you! Knowing that the videos are helpful is payment enough.

[@vananh3729]

I was blessed to be able to find your videos

[@adyasheel]

thanks for explaining so well, all doubts cleared!

[@ronaldkipkemboi6717]

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[@barronmulenga5092]

Your Explanation is very clear and its really helpful.

[@SAICENKITTY77]

Amazingly explained, bravo thank you so much, sir. Now, my understanding become better about Monopoly and competitive market. !!

[@DrAzevedoEcon]

I'm happy to hear the videos are useful!

[@youssefrekik22]

OMG thank you so much professor, you made it very easy !

[@ananysinghraghuvanshi6538]

It was really very helpful! Thankyou so much.

[@summerjho2781]

Thank you so much! I am lucky to find you!

[@DrAzevedoEcon]

You're welcome. Glad to be of help!

[@naollemessa3134]

no words! god bless u sir!

[@DrAzevedoEcon]

Thank you! Happy to help.

[@Endorsify]

and thats why he is the goat

[@aoTrangd-ll9qk]

tks u a lot, im feel so lucky when i know u, a amazing Lecturer ( By the way i will say tks so much to my Sis who recommend u for me )

[@DrAzevedoEcon]

You're welcome! I'm glad she recommended me!

[@WijthaGayan]

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[@DrAzevedoEcon]

You are very welcome!

[@anushkagupta3962]

It's really helpful 😊

[@ridoykhan-ur5sb]

Always 😇

[@sebastinewatney6127]

BRILJANT! Thank you so much!!!

[@rubenlamayonzon.3045]

Beautiful explanation.

[@hamza33Ss]

thank you

[@jennie8735]

Thank you for the effort you put into your videos,, god bless you

[@shikhajoshi5746]

Thankyou sir for this excellent explanation ;)

[@waelrawy1593]

very useful . Thanks a lot for your clear explanation

[@DrAzevedoEcon]

You're welcome!

[@waelrawy1593]

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[@ariintw]

Thank you so much for helping me with the final exam ❤

[@DrAzevedoEcon]

You're welcome!

[@ruhollahetemadi7518]

small correction: at 28:08 *MR for monopolistic firm

[@DrAzevedoEcon]

Good catch!

[@muringokenneth6738]

Asantii sana
Has been of huge help

[@DrAzevedoEcon]

Glad to be able to help!

[@trungphan2914]

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[@angelicabergman8701]

Thanks!

[@DrAzevedoEcon]

Thank you!

[@reihanehsadeghi5407]

thanks.

[@k_evangelina]

Thank you soooo much, Sir!

[@jaymsf4503]

Thanks for yet another useful video. Question just came to my mind that how is Arbitage different from buying in the wholesale market at a lower price, and then selling it at a higher price in retail market for a profit?

[@pieters7390]

This is some excellent content!

[@DrAzevedoEcon]

Thanks! Glad to help!

[@chanikahponpipat6138]

very helpful thank you!

[@manansingh9197]

Da goat

[@bilgexo5973]

Thank you sir really thank you

[@DrAzevedoEcon]

You're welcome!

[@madlan9912]

god bless you sir

[@DrAzevedoEcon]

Thank you! Glad to help!

[@user-lh1wb8px2l]

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[@masong3466]

@27:00 isnt P= 6 - 0,5Q and MR= 6 - Q ?

[@DrAzevedoEcon]

Yes...exactly.

[@s_s5578]

To be honest, I thought that a monopoly has total control over the demand and the quantity delivered by them and it is called a monopoly. For example, Standart Oil was dissolved during its time because it monopolized the oil market, obtaining total control over the delivery of the product to the market, thus controlling the price.

[@DrAzevedoEcon]

The sellers don't have any control over the demand....just supply. The problem for consumers is that there are no good substitutes for the good, so the firm has "market power." However, this does not mean they control demand. The buyer is the one who makes the decision of whether they will buy the good or not.

[@s_s5578]

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[@liammoore7262]

Thank You

[@DrAzevedoEcon]

You're welcome!

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