This Price Discriminating Monopoly (First Degree) video also includes:
In a perfectly price discriminating monopoly, why does demand equal marginal revenue?
7 Views 3 Downloads CCSS: Adaptable
- Appropriate for an advanced placement class
- Learners should have foundational knowledge of the graph of a regular monopoly, including how marginal revenue and demand are incorporated, prior to beginning video
- Instructor explains concept by illustrating each step in detail on a whiteboard
- Prompts viewers with independent practice problems for which he later explains the solutions