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29a. Marginal Revenue for a Monopolist Facing Linear Demand
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In this video, I demonstrate why a monopolist's marginal revenue has the same intercept, and twice the slope of a linear inverse demand curve. This video uses calculus, but is the simplest application of calculus to economics that I know.
For a list of videos and links to these videos (organized by topic), check out the Intromediate Microeconomics video web page:
For a list of videos and links to these videos (organized by topic), check out the Intromediate Microeconomics video web page:
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29a. Marginal Revenue for a Monopolist Facing Linear Demand
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