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Khan Academy
Khan Academy: Deadweight Loss: Minimum Wage and Price Floors
Find out how a minimum wage might effect the labor market. [9:06]
Khan Academy
Khan Academy: Deadweight Loss: Taxation and Dead Weight Loss
Video lecture discusses the effect of taxation on the equilibrium price and quantity. [9:06]
Khan Academy
Khan Academy: Deadweight Loss: Percentage Tax on Hamburgers
What would happen if we have a percentage tax instead of a fixed dollar amount? Understand the effect a percentage tax would have on the price of a hamburger. [5:39]
Khan Academy
Khan Academy: Deadweight Loss: Taxes and Perfectly Elastic Demand
Who bears the burden for a tax on a good with perfectly elastic demand? This question is answered in this video lecture. Understand why according to elasticity demand the price of the good will not increase when the tax is added but the...
Khan Academy
Khan Academy: Deadweight Loss: Taxes and Perfectly Inelastic Demand
Discover who bears the burden for the taxes when demand is inelastic. [7:51]
Khan Academy
Khan Academy: Economic Profit for a Monopoly
Learn about how to represent a monopoly market graphically in this video. Topics covered include the profit-maximizing quantity, pricing decisions, and deadweight loss associated with monopolies. [6:13]