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This Price Discriminating Monopoly (First Degree) instructional video also includes:
In a perfectly price discriminating monopoly, why does demand equal marginal revenue?
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CCSS:
Adaptable
Concepts
Additional Tags
Classroom Considerations
- 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
- This video is hosted on YouTube
Pros
- 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
Cons
- None