Economic Efficiency - Allocative Efficiency I A Level and IB Economics

[@tutor2u-official]

We have some great free study resource collections for A level Economics and IB Economics - click here www.tutor2u.net/economics/collections

[@neringaramanauske]

At 06:30 the graph of the monopoly is incorrect as AR and MR curves meet at one point on Y axis - not anywhere else.

[@yun1666]

Isn't in tha market supply curve=average cost?

[@tutor2u-official]

No the market supply curve is the horizontal sum of the marginal cost curves of firms in a market