Jacob Clifford
Marginal Product and Marginal Cost
Help your learners get a better handle on marginal cost and product curves, and review the process of completing charts and graphs associated with this concept.
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]
Khan Academy
Khan Academy: Equilibrium, Allocative Efficiency and Total Surplus
Total surplus is maximized in a market at equilibrium. In this video, we talk about why this is and the math behind this assertion. [11:29]