MONOPOL | Gewinnmaximierung zeichnen, rechnen, Cournotscher Punkt, Angebot: Grenzerlös = Grenzkosten

In this video, we learn how to derive the profit-maximizing supply of a monopolist graphically and mathematically. We see that in a monopoly, the profit-maximizing quantity lies where marginal revenue equals marginal cost (the Cournot point). We graph and calculate the profit maximum using an example and also determine the welfare loss that exists in monopoly equilibrium compared to perfect competition. 0:00 Introduction 0:15 Costs, Demand, and Profit 3:30 Profit Maximization in a Monopoly 6:44 Revenue and Marginal Revenue 10:05 Profit Maximum (Graphically) 13:35 Profit Maximum (Mathematically) 16:18 Welfare Loss An overview of all videos with links can be found directly at https://10minutenVWL.de If you are looking for a good microeconomics textbook on these and many other topics, I recommend "Principles of Microeconomics" by Varian. You can find it, for example, at Amazon: https://amzn.to/3Q0KUKs (advertisement) You can download the slides here: https://www.10minutenvwl.de/assets/sl... #Monopoly #ProfitMaximization #Microeconomics #Supply #Economics