Episode 28: Regulation

[@tamilkosher7675]

Mind blowing explanation....Your Precise teaching saved lot of time.Feel like I would have seen this a couple of years before..Congoo

[@hanamariza]

The begging part... just love it , made me laugh

[@zane003]

The drawings are genius: so simple but expressive 5:10 is a good example!

[@1vckchien]

I love this yoyo monoploy looking guy!

[@davidainley2706]

your videos are amazing!

[@luisgentil]

I felt touched with Uncle Sam begging the yo-yo monopolist.

[@lalapo0p]

Hi Dr McGlasson, in ep 27: Monopoly, you mentioned MC curves look the same regardless of market structure, but in this video (eg 2:35) the MC curve is not the regular J shape, could you explain why please?

[@chingyworld]

In this situation she is explaining a natural monopoly were production of more goods is leading to lower marginal costs. This is an atypical situation.

[@haribostarmix7375]

thankss my niggaa

[@joeship8792]

I think it showed PART of the MC curve, but I am really not sure too!

[@dominickickbush]

@PlasticFunnel When they talk about no profit, they're actually talking about zero economic profit, not accounting profit. Economic profit takes into account opportunity cost, or the amount of money the monopoly could have made elsewhere with the same amount of money. They're making accounting profit (higher price than cost), but that's not including the amount of time they spent and the opportunity costs as well.

[@juangirsang]

i'm so thankful to you..this is an amazing video for me....thanks for sharing..:)

[@hanamariza]

Thanks for the video.

[@ChesterZoda]

Sorry, I don't understand Episode 28. Why would a monopoly continue to exist if they earn no profit (where it breaks even, revenue = cost, no profit earned)? If I were a monopoly I'll just leave already, no?

[@don7sam]

Lovelyyy!!!

[@zEROSC2VIDS]

This is a fcking amazing channel

[@Jafar991]

@vinehanger Very good video,Actually I learnt here more,than at university :))

[@thebrokenasian]

thank you

[@good9835]

why is marginal cost not a J shaped curve in this video.

[@blissterd]

THIS IS DAMN CUTE

[@mortymingledon]

@jrodriguez99ymail lol