Unit 3: Are Businesses Efficient? Product Markets and Efficiency

Lesson 10b: Monopoly: Long Run Equilibrium:
Efficiency, Price Discrimination, and Regulation

Assignments: Video Lectures

 

THE SOCIAL COST OF MONOPOLY

6.2.1 Determining the Social Cost of Monopoly 12:22 [MyNotes]

6.2.2 Calculating Deadweight Loss 15:23 [MyNotes]

PRICE DISCRIMINATION

Price Discrimination and its Effects on Efficiency in a Monopolistic Market (econclassroom.com) 14:51

REGULATING NATURAL MONOPOLIES

Natural Monopoly and the Need for Government Regulation (econclassroom.com) 14:14

 

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Lesson 10b