Monopolistic competition and economic profit | Microeconomics | Khan Academy

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Why it is hard for a monopolisitc competitor to make economic profit in the long run
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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
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Опубликовано:

7 окт 2024

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Комментарии : 66

@kenneth7298 4 года назад

Lol my professor literally couldn’t explain this in a month as well as you did in 8 mins.. beautifully explained

@DishonoredGOD 2 года назад

Professors are overrated

@deivid01 12 лет назад

I´m a lawyer doing an MBA, and have an exam in microeconomics about this subject tomorrow, this was very helpfull! Thanks!

@canyonthiess6917 5 лет назад

did you pass that exam?

@moviebay3690 4 года назад

@@canyonthiess6917 y do u care

@goofed7687 Год назад

@@moviebay3690 You're stupid and I'm gonna fight you

@DDG00 10 месяцев назад

I have my exam today,

@ilvosio 5 месяцев назад

@@DDG00 did YOU pass?

@egodiifemnacho8820 4 года назад

It really helped a lot especially during this period of online learning. I understood it perfectly well. Thanks and keep the good work up👍🏻👍🏻😌

@tonsabarillo 11 лет назад

Marginal cost in the short run is the incremental change in the variable cost for every additional unit of output. In the short run, assume that only the labor input is variable and capital is fixed. This means marginal cost (MC) is related to the marginal productivity of labor (MPL). As your per unit labor contributes less and less additional productivity, your incremental cost per unit output will necessarily increase because you'll need to hire more and more people to keep on producing. :)

@benong94 12 лет назад

you're like an economics god. thank you

@mailalexjoseph 12 лет назад

i cant thank you enough for this video. Beautifully explained!!

@matlanikusum.4788 2 года назад

Perfectly explained. Thankyou so much:) Keep up the good work👍

@casckana 7 лет назад

After 4 repeats it finally made sense ^_^ thanks for the simplicity is really helped

@ashxx2928 2 года назад

WOW its been 10 years now! 2012!!

@tonsabarillo 11 лет назад

Hi Mr. Khan, I really admire your work! Just a question about this video's content: Shouldn't the vertical intercept of both MR and the D curve become lower when both curves/lines shift to the left? (It's how Pindyck and Rubinfeld graphed it in their book) :)

@venjaminschuster2797 2 года назад

I do love khan academy so much!

@ttkia 11 лет назад

I was wondering about that too. Though I've been taught this way

@quriositysquared1028 7 лет назад

Thanks a bunch, really love it!

@Sourajit16 Год назад

HTC ! Those old days. 11 years and Khan Academy has no competitors. A MONOPOLIST Angel

@nicklusardi 5 месяцев назад

when bro said sitting here in 2012 I tweaked

@emmajustrandom584 8 лет назад

how would the graph look like if the price increases in a monopolistic competition?

@Tom_M 10 лет назад

brilliant - subscribed

@ratankirti3185 8 лет назад

sir, why is the AR or demand curve not becoming more elastic i.e flatening out with the entry of new firms?

@Gmudi 12 лет назад

I think this was very understanding!

@jamie18573 10 лет назад

My mid term is tomorrow, this video help a lot LOL

@canyonthiess6917 5 лет назад

did you pass?

@dalina0018 8 лет назад

thanks. it helps me alot

@nealixd.3011 9 лет назад

Very good lesson, thanks.

@msksthansen 12 лет назад

Extremely well explained!

@CarolinMueller 12 лет назад

awesome video! very clear and helpful.

@moisesmeguiso6714 11 лет назад

ITS REALLY COMPETITIVE.

@itsmeyash9830 Год назад

2012 yt video aged well

@artpolo1867 9 лет назад

thank you ,you are like my second lecturer

@noralm24 11 лет назад

i really love this guy

@jamie18573 10 лет назад

Thank a lot

@oi-qq9sm 9 лет назад

thank you so much.

@krin5506 10 месяцев назад

Nice

@ahmedkhalil1053 5 лет назад

That was Fire !! keep it up man !!

@LaureanoLuna 11 лет назад

03:06 I'm inclined to think ATC should intersect MC where MC intersects Demand. Where MC intersects Demand would lie the perfect competence equilibrium with no economic profit: MC=P = ATC. Or what am I missing?

@domlee5902 4 года назад

Laureano Luna I know this is an old comment but maybe someone still needs an answer. For a monopolistic competitor to be in long-run equilibrium, ATC must intersect demand directly above MR=MC, and this will NOT be it’s lowest point. Here, the firm will be making a normal profit.

@mohammedabobakr6549 3 года назад

me in 2021: No Sal, They achieved a monopoly in tablets Damnit, Apple did it!

@TanyaTattie 5 месяцев назад

2024 and we are here❤

@wakkawakka9465 11 лет назад

hi, love your videos. I have a question about rent in monopolistic competition. say that a firm want to rent its hall to several food provider. how much rent the firm could earn? can you explain a bit about this. thank you

@bluemager1 11 лет назад

this was so helpful thankyou very much! liked and subscribed :D

@markkrikelis7093 8 лет назад

Very helpful video. What software are you using to draw the graphs and write accurately? I am assuming it would something like a usb connected surface?

@KuribohPWNS 12 лет назад

why would it not shift to equilibrium at any point in time?

@thesixthsense1 12 лет назад

Super like..

@GanstaCatCT 7 лет назад

if only kirk was this good

@nthperson 10 лет назад

What about the market for land and land-like assets with an inelastic supply curve? In any region of the world some portion of the available supply of land is not available because of topography. Some is set aside by public policy for parks and recreation, for roads and public infrastructure. Privately held land is almost everywhere held by a small percentage of the population, particularly when land value is the test. Is this not a circumstance of a market plagued by monopolistic pressures?