How do you regulate a monopoly, and how would this be depicted on a graph? Watch a savvy economics instructor answer this question by offering detailed explanations and drawing a graph in real time.

Additional Tags

monopoly regulation, monopoly graph, social studies

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Classroom Considerations

• Appropriate for an advanced placement class
• Best used as a tool for review, rather than as a stand-alone lesson

• This video is hosted on YouTube

Pros

• Explains the cons of the government imposing taxes on a monopoly firm
• Reviews concept of socially optimal and fair return prices

Cons

• None

Common Core

RH.11-12.4 RH.11-12.7