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This Monopoly Demand and MR instructional video also includes:
Why is marginal revenue less than the demand curve for all perfectly competitive firms in a monopoly? Watch as a savvy economics instructor answers this question using graphs and detailed explanations.
19 Views
6 Downloads
CCSS:
Adaptable
Concepts
Additional Tags
Classroom Considerations
- Before beginning video, learners should have foundational knowledge of prefect competition and relationship between price and marginal revenue
- Video is best suited for an advanced placement class
- This video is hosted on YouTube
Pros
- Work required to answer the question is illustrated on a whiteboard
- Excellent tool for review
Cons
- None