Instructional Video

Khan Academy: Economic Profit for a Monopoly

Curated by ACT

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]

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Concepts
demand curve
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Additional Tags
marginal cost curve, pricing decisions, khan academy, khan academy: economic profit for a monopoly, average total cost curve, deadweight loss, profit-maximizing quantity, monopoly
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional