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This Socially Optimal and Fair Return for Monopolies instructional video also includes:
How do you regulate a monopoly, and how would this be depicted on a graph? Watch a savvy economics instructor answer this question by offering detailed explanations and drawing a graph in real time.
7 Views
3 Downloads
CCSS:
Adaptable
Additional Tags
Classroom Considerations
- Appropriate for an advanced placement class
- Best used as a tool for review, rather than as a stand-alone lesson
- This video is hosted on YouTube
Pros
- Explains the cons of the government imposing taxes on a monopoly firm
- Reviews concept of socially optimal and fair return prices
Cons
- None