Monopolist optimizing price: Marginal revenue
8:31
Khan AcademySal Khan
Monopolist optimizing price: Marginal revenue
Learn about marginal revenue for a monopolist. We find the slope of the total revenue curve to determine marginal revenue at different quantities, and discover that the marginal revenue curve is a downward-sloping line with twice the slope of the demand curve. This helps us understand how monopolists can optimize their profit by comparing ...
Jan 26, 2012
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