2.1.5 Marginal Revenue vs Price: Example Using Calculus

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From the course by 宾夕法尼亚大学
微观经济学:当市场“失灵”时
227 ratings
宾夕法尼亚大学
227 ratings
From the lesson
Monopoly
A monopoly is a case where there is only one firm in the market. We will define and model this case and explain why market power is good for the firm, bad for consumers. We will also show that society as a whole suffers from the lack of competition.

Meet the Instructors

  • Rebecca Stein
    Rebecca Stein
    Senior Lecturer
    Economics

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