Ch. 12 - Pure Monopoly

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[@SharifullahSahak]

Thank you for making my life easy, Maria. Now I can study and work both at the same time and even drive while listening to your econ lectures.

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I am happy to hear my lectures are useful to you. Thank you for your comment and best of luck! Maria

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[@gvott1]

Thank you very much for your help to people like me. English is not my first language. Your videos are the best to help to me, because I am very shy to ask any questions when I in my economic class.

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Galina Ott I am glad you find my videos useful! Best of luck to you!

[@shujaat2116]

Thanks a million, it can save the whole semester I hope I can find other chapters of micro instead there is a suggestion if you could please make a playlist for each part like micro and macro economics it's easier to find the chapters that way.

[@owenrisop2855]

So at 22:14 when you explain the loss of efficiency and higher price being the economic effect of a monopoly, I thought the government wouldn't allow this and only allows monopolies if they are efficient and benefit from an economy of scale?

[@shujaat2116]

thanks for the lecture

[@MrWspanialy]

Hey, just thinking about 22:10, shouldn't consumer surplus be a bit smaller triangle? What I mean is that they would never be served with a price below Pc, as Pc is assumption of pure competition, where P=MC=ATC. Correct me if I'm wrong, just asking.