Profit Maximization, Revenue Maximization and PED in Pure Monopoly

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pay £9,000 per year in uni fees just to come on youtube to find this guy condense 2 x 3hr confusing lectures into 18 mins of simple brilliance ... Thanks?

[@JasonWelker]

Thank YOU! Please subscribe!

[@richardmontana404]

This girl is right. Universities do not need you or your success but your money. Great Lecture.

[@devinrohan6122]

instablaster.

[@sandasimanage1072]

thank you for being that greatest economics teacher!!!

[@yamax1]

I got two economics teacher now-) Thank You Jason, you are one of them, my favourite one -). The message is clear and I started to like microeconomis.

[@teryn569]

Thanks so much! This video is excellent. It shows how to draw the profit and revenue maximisation point and really explains all the concepts and reasons behind them well.

[@squablywablly]

your videos REALLY help me with revision. thanks so much from Kenya!!

[@microeco2]

Excellent , clear explanation of the concept..well done ...

[@NkemUchendu]

Jason your tutorials are great. Thanks alot

[@kmkmization]

Thank u cheers from Egypt

[@agustinarodriguez4823]

love your lessons and the intro track is great

[@saolaomangala2317]

Thank you! You are great!! by watching you draw the graph and explain,you make (micro) economic studying more understandable for me. Thank You!!

[@VarunGupta45]

You make it excited. Great work.

[@mohammeduthman5225]

thank you for clearing my concept of understanding curves

[@noelaamolo9451]

Nice lecture I like his explanation

[@samidessuky5151]

This was extremely helpful, keeping putting content like this up for us students !

[@richardg4x4]

Would be awesome if you could put links to the first video of the series (i'm not sure where to start) Awesome videos! Thank you

[@newonthesite1]

Nicely done with clear, clean explanation and drawing! Thanks.

[@alisonhill9355]

Great videos!! Thank you. I learned so much and so much made sense.

[@keshaviranjantiwari7674]

Great lecture thank a lot...by true of my heart

[@ayushiagrawal1149]

Sir I have a question....plz answer....will a profit maximizing monopoly will always produce output that is less than output that maximizes sales revenue???? Sir pla answer

[@ryanbeach5858]

KACHOW, I FEEL THE POWER OF KNOWLEDGE

[@elliotfourcassie1147]

whats the name of the song at the beginning?

[@baliparhar2465]

wow too good. better than my teacher

[@neha_234]

I am not able to go to the website link given below

[@matthewchina2755]

A related question to the last: It's just coincidence that Qrm is at the same Q point such that going upwards intersects MC?

[@Keezie27]

Really good video

[@hanamariza]

Thanks, help me a lot

[@pistachionuts3886]

how monopoly maintains its profit sir?

[@mohtoadh]

Thank you.

[@maus1919]

Thank you!

[@MrPemiljayasekara]

thanQ ,, this helped me with my xams

[@123jwetz]

I need the name of the song at the beginning of this video

[@Kublai_jesus]

Making me nervous

[@sarahmorgan9844]

three years late but.. I shazammed it and the song is Making Me Nervous by Brad Sucks

[@lisaschwarz1970]

thank you!

[@AmyLee-kc5pd]

Why might a firm want to max revenue instead of profits?

[@truman5560]

shouldnt it be when MR>0, PED>1, vice versa?

[@truman5560]

nevermind, the data got corrected at 16:19

[@janetbarangian8351]

anyone can help me how to join this!!

[@mrityunjay1055]

@3:20 I made that mistake

[@art_wild_west]

Something is wrong in elasticity explanation. Elasticity deals with % and MR is in $. No metter if MR is more then 1 or less - demand can still be elastic