Monopoly Dead Weight Loss Review

This Monopoly Dead Weight Loss Review video also includes:

Young economists study the graph of monopoly depicting dead weight loss and inefficiency in comparison to a graph of a perfectly competitive market.

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CCSS: Adaptable
Classroom Considerations

  • Prior to beginning the video, learners should understand the concepts of consumer and producer surplus as depicted on a graph, as well as perfectly competitive markets
Pros

  • Explains how marginal revenue curve affects a monopoly
  • Compares graphs of perfectly competitive market and monopoly side by side
Cons

  • None
Common Core