Monopoly Graph Review

This Monopoly Graph Review video also includes:

How do you draw a graph representing a monopoly? Watch a great economics instructor explain the process step-by-step as he includes the primary components of demand, marginal revenue, marginal cost, quantity, and price of a firm.

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CCSS: Adaptable
Concepts

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Classroom Considerations

  • Learners should understand the relationship between demand and marginal revenue in a monopoly before beginning this video
  • Appropriate for an advanced placement class
Pros

  • Offers viewers a sample problem to practice and then explains the answer through illustrations on a whiteboard
  • Key points are provided as text on bottom of screen throughout video
Cons

  • None
Common Core