The Lerner Index

[@feigao9465]

this is so far the clearest explanation I've watched. thank you girl.

[@tmdesormeaux]

I think I love you! My ECON final is next week and I am forever in debt to you!

[@kelvinlow9594]

she is very clear and articulate in explaining the model! Thank you so much

[@yoyomofoful]

you are the zooey deschanel of Econ

[@cengiz2187]

Face Palmed when I saw the "Economists do it with models" picture. Pretty funny yet clever. Great video, though!

[@sachinkumar-wx6sv]

thank you, it helped me understand more conceptually

[@emurhoghidejr3941]

Thanks for posting this; What about for econometric estimation? Please give some guidance regarding estimation of the lerner index on an econometric software.

[@DeborahAbrams]

Great explanation!

[@BetterBboyBody]

So dope. Thanks Jodie.

[@frida6453]

THANK YOU you’re an angel!!

[@ftgitarist]

Very good video!

[@elisaterragnobogliaccini5171]

thanks! great work, keep it up!

[@mrroo9658]

One question: why is the marginal revenue curve flatter when the elasticity of demand is bigger? How is mr relevant to elasticity of demand? thanks

[@pranjalsharma8960]

Because MR curve depends on the demand curve ... So when demand curve is flatter (when demand is elastic) , the MR curve tends to be flat. Although still the slope of MR curve is twice as that of demand curve

[@anu_jain]

thanks for uploading

[@johndingo4633]

Can anybody explain me this please? if e=ΔQ/ΔP, then shouldn't 1/e be (P-Mc/P)/ΔQ? Instead of just P-Mc/P?

[@shashikaushik2663]

E=∆Q.P/∆P.Q

[@TIRJOHN]

Excellent

[@daniella173]

Fantastic.

[@jayj142]

thanks for this vid x

[@tobiasneumer7991]

Why it can’t be bigger than 1 ? Because price elasticity of demand could be 0.5 so the Lerner index will be 2.

[@synapseproduction1]

The only way that it could be greater than is if mc was less than 0.

[@Ju_-rq7he]

thank you it was really helpful! (but the only thing that you could change is to smile a bit more :))

[@dajackielaw2.070]

Idk what ur saying sorry