Monopoly and Perfect Competition Exercise

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  • Опубликовано: 1 авг 2024

Комментарии • 9

  • @MalutiChali
    @MalutiChali Месяц назад

    Best vid I have seen on monopoly x perfect competition

  • @stefanonae26
    @stefanonae26 2 года назад

    Very insightful video! Which app are you using as a whiteboard?

  • @gelorenmalicdem6956
    @gelorenmalicdem6956 3 года назад

    thank you sir

  • @vaneguttmann3246
    @vaneguttmann3246 2 года назад +1

    Hi, Thank you for sharing this video! It's amazing!
    But what I don't understand: why is MR(Q)=120-2Q?
    Thank you!!

    • @sebastianwaiecon
      @sebastianwaiecon  2 года назад +2

      MR is the derivative of revenue. R(Q) = (120-Q)Q = 120Q - Q^2. So, MR(Q) = 120 - 2Q. When inverse demand is linear, MR will have the same intercept and double the slope because of the derivative.

    • @vaneguttmann3246
      @vaneguttmann3246 2 года назад

      @@sebastianwaiecon Thank you so much!!!!

    • @vaneguttmann3246
      @vaneguttmann3246 2 года назад

      Do you solve the mathematical problems of your subscribers?

  • @user-zt1is1md3m
    @user-zt1is1md3m Год назад

    If I have p= 70-05q and two costs first mc1=3q1 mc2=q2 how is the mr ???

    • @sebastianwaiecon
      @sebastianwaiecon  Год назад

      I have a video on Monopoly with Multiple Plants that you might want to look at.