How to Calculate PROFIT on a Monopoly Graph (THE EASY WAY) | Think Econ

In this video we learn how to calculate profit, total cost, and total revenue just by looking at a monopoly graph! If you enjoyed the video, consider leaving a like and sharing with your friends. Subscribe for more educational economics content!

Keywords:
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[ThinkEcon]

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[owenthomas]

Great explanation. You made this much easier to understand

[tlotlegokgatitsoe]

Thank you for creating these videos, they are really helpful to me as an Economics university student ❤❤❤

[angel_]

Thank you for making it so easy to understand!

[study_with_freya]

Thank you so much, i have been trying to understand it for 2 hours and only after watching your video now I finally understood.
Thank you again for short but clear explanation😊

[mrklutch]

so much value in such a short video, thank you so very much!!! For some reason, your animations with the colors make it much easier to understand.

[FrederickNeneAgyemanNartey]

Great explanation! I can't find your video on perfect competition can you please share the link for that under this comment i will greatly appreciate it

[Vikermajit]

...I have a question...the graph illustrates cost curves, as well as revenue and demand lines...shouldn't the y-axis be labelled 'price/cost, ' rather than just 'price?'...