Y2 16) Monopoly Deadweight Welfare Loss - A* Content

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Y2 16) Monopoly - Deadweight Welfare Loss. Video covering the Deadweight Welfare Loss of Monopoly arguing why monopolies are electively inefficient and thus a cause of market failure

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Y2 16) Monopoly 0:05:00

Y2 16) Monopoly Deadweight Welfare Loss - A* Content

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Комментарии
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this is some life saving material. explanations are SOOO good and clear

piperacero
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F in the chat for areas C and E, lost forever but we shall always remember

dazfriend
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Thanks a lot sir. You made the concepts crystal clear.

ritikasarswat
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thank you for the video, I'm an ib Econ hl student and your videos are helping me a lot

Lily-dgg
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The best video to explain DWL. Thank you so much!

DilkiAyesha-hu
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I had watched thousands of videos but this one 🙌🏾🙌🏾🙌🏾..! Very well explained

monicakomu
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Question: Is this A level content or AS level?

tdofeldt
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Plz tell us ..how to calculate deadwieght loss of monopoly?

simranparween
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Great video. Just a few questions:
1. If the monopoly is producing at MC = MR then a shortage is taking place, so couldnt a new firm just enter to fill the market shortage up?
2. Is this short-run or long-run or both?
3. Surely to be a monopoly you have to have significant level of economies of scale, so wouldnt their output be larger than a competitive market and their costs much lower. Making them a better alternative (assuming they pass on low costs to consumers)

Thanks again :)

realFriedrichHayek
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Being a 'deadweight' loss so it is non recoverable, could it be recovered if the firm then opts to operate at PcQc?

patrickdaniel
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Sorry if this is a stupid question, but what is society surplus?

theosmith
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umm as far as I know, there is no supply curve for firms operating under imperfect competition? so how is MC=S ?please someone enlighten me.

dewantyieebraja