Chapter 15 - Monopoly

[@olo1135]

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[@DrAzevedoEcon]

Glad that the video helped and that you did well on your test!

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[@DrAzevedoEcon]

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[@DrAzevedoEcon]

I'm glad to hear the test went well!

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[@DrAzevedoEcon]

You're welcome!

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[@DrAzevedoEcon]

Thank you for the kind words! Good luck with your studies!

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[@DrAzevedoEcon]

Thank you! Knowing that the videos are helpful is payment enough.

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[@rubenlamayonzon.3045]

Beautiful explanation.

[@ThatoFX]

Dr. Thank you sooo much for going in depth with every part of the topic, I was struggling to find marginal revenue given the conditions of the demand curve, FC and MC because my lecturer just skipped through it for some reason. OH! you saved me Sir😄😅

[@DrAzevedoEcon]

I'm glad to hear the video helped! Good luck with the class!

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Thanks!

[@DrAzevedoEcon]

Thank you!

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thanks for explaining so well, all doubts cleared!

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Your Explanation is very clear and its really helpful.

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[@Khuntian2024]

Amazingly explained, bravo thank you so much, sir. Now, my understanding become better about Monopoly and competitive market. !!

[@DrAzevedoEcon]

I'm happy to hear the videos are useful!

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OMG thank you so much professor, you made it very easy !

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[@DrAzevedoEcon]

You're welcome! I'm glad she recommended me!

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[@DrAzevedoEcon]

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[@DrAzevedoEcon]

Thank you! Happy to help.

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[@DrAzevedoEcon]

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[@DrAzevedoEcon]

You are very welcome!

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Always 😇

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I have exams in two days and I’m struggling with monopoly but his video is really helpful ThankYou Sir.

[@DrAzevedoEcon]

I hope your exams went well. I hope the video helped.

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Thankyou sir for this excellent explanation ;)

[@Endorsify]

and thats why he is the goat

[@waelrawy1593]

very useful . Thanks a lot for your clear explanation

[@DrAzevedoEcon]

You're welcome!

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[@ruhollahetemadi7518]

small correction: at 28:08 *MR for monopolistic firm

[@DrAzevedoEcon]

Good catch!

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Asantii sana Has been of huge help

[@DrAzevedoEcon]

Glad to be able to help!

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[@DrAzevedoEcon]

You're welcome. Thanks for watching!

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[@DrAzevedoEcon]

Thanks! Glad to help!

[@ariintw]

Thank you so much for helping me with the final exam ❤

[@DrAzevedoEcon]

You're welcome!

[@masong3466]

@27:00 isnt P= 6 - 0,5Q and MR= 6 - Q ?

[@DrAzevedoEcon]

Yes...exactly.

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Thank you soooo much, Sir!

[@jaymsf4503]

Thanks for yet another useful video. Question just came to my mind that how is Arbitage different from buying in the wholesale market at a lower price, and then selling it at a higher price in retail market for a profit?

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[@DrAzevedoEcon]

You're welcome!

[@manansingh9197]

Da goat

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[@DrAzevedoEcon]

Thank you! Glad to help!

[@reihanehsadeghi5407]

thanks.

[@s_s5578]

To be honest, I thought that a monopoly has total control over the demand and the quantity delivered by them and it is called a monopoly. For example, Standart Oil was dissolved during its time because it monopolized the oil market, obtaining total control over the delivery of the product to the market, thus controlling the price.

[@DrAzevedoEcon]

The sellers don't have any control over the demand....just supply. The problem for consumers is that there are no good substitutes for the good, so the firm has "market power." However, this does not mean they control demand. The buyer is the one who makes the decision of whether they will buy the good or not.

[@s_s5578]

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You're welcome!

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