EE-Learning
Monopolistic competition and economic profit
Catogry:
Economics & Finance
Subject:
Microeconomics
Course:
Forms Of Competition
Lecture List
Oligopolies, duopolies, collusion, and cartels
Monopolistic competition and economic profit
Oligopolies and monopolistic competition
Review of revenue and cost graphs for a monopoly
Optional calculus proof to show that MR has twice slope of demand
Monopolist optimizing price: Dead weight loss
Monopolist optimizing price: Marginal revenue
Monopolist optimizing price: Total revenue
Monopoly basics
Perfect competition