Monopolistic Competition: How to Graph it

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  • Опубликовано: 29 окт 2024

Комментарии • 7

  • @jessicarichards3220
    @jessicarichards3220 4 года назад

    This is super helpful thank you! You did a really great job breaking it down for someone with *very* limited knowledge of economics principles!

  • @KylePurpura
    @KylePurpura  12 лет назад +7

    I appreciate the feedback, but be careful. Any time price is greater than marginal cost there will be some degree of deadweight loss because the good or service will be under-produced from a firm's point of view and the industry point of view; allocative efficiency will not be achieved. Any time this situation occurs, there will be some deadweight loss.

  • @Jefferyaustinhumble
    @Jefferyaustinhumble 12 лет назад

    You are awesome! Thanks so much for this video. I missed class and this is perfect for me.

  • @jirowang11
    @jirowang11 12 лет назад +1

    There's a error in the Mono C there's no deadweight loss it's excess capacity because its not operating at the lowest possible cost so it's inefficient . My Ap Econ teacher searched it in a university to see if he was right and so he was .

  • @xijinping5558
    @xijinping5558 5 лет назад +1

    누가 한글로 번역해 놓은 거 발견해서 링크로 남깁니다! 원하시는 거 골라서 보시면 됩니다!!
    -> ruclips.net/video/pNW8RquAy9g/видео.html
    -> ruclips.net/video/tjPNodE6lyE/видео.html
    찾느라 힘 꽤나 뺐습니다^^

  • @sunzbckk
    @sunzbckk 12 лет назад

    D= AR

  • @TheFreePressNewsFortBragg
    @TheFreePressNewsFortBragg 9 лет назад

    #MonopolyTax
    Monopolistic Competition
    Is oxymoronic. Monopoly and competition are opposites in terminology ha ha ha...
    Taking funds from a monopoly and/or busting monopolies into pieces are good for any economy if the funds are paid to existing competition and/or new business start ups. If the monopoly derived funds are eaten by governance then the economy is harmed more than helped as goods become fewer and more expensive.