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Oligopolies and monopolistic competition | Forms of competition | Microeconomics | Khan Academy

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Khan Academy

Khan Academy

Күн бұрын

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Thinking about different markets that are in-between monopolies and perfect competition
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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
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Пікірлер: 72
@deborahandrade648
@deborahandrade648 6 жыл бұрын
I just would like to hug this Professor and give him an amazing gift. I love you!
@Ficongr
@Ficongr 4 ай бұрын
Me too, hes helped me alot to prep for my exam and see practically what we do on theory.
@pasekaalbert3778
@pasekaalbert3778 7 жыл бұрын
this guy made me fall in love with economics
@futurerico
@futurerico 8 жыл бұрын
you just helped me ace my Microeconomics final. Cheers
@HizJohnnyShinning
@HizJohnnyShinning 4 жыл бұрын
Yay! What are you doing now?
@KalebB-px1ey
@KalebB-px1ey 4 ай бұрын
Give us updates!
@NoraGreen1992
@NoraGreen1992 10 жыл бұрын
Thank you so much. I'm a year 1 economics student and I was very confused about it. I find it very helpful thank you !!!
@chloeshell1709
@chloeshell1709 5 жыл бұрын
Nora Green did you get your degree?
@MRStark.plays.001
@MRStark.plays.001 4 жыл бұрын
@@chloeshell1709 no i think now she didnt even have internet xd
@afrosamurai6705
@afrosamurai6705 2 жыл бұрын
@@MRStark.plays.001😳
@sirattltd5319
@sirattltd5319 6 жыл бұрын
Example of his sentence: Fine, fine, fine, dining, dining, fine dining
@PoojaSingh-su7lg
@PoojaSingh-su7lg 6 жыл бұрын
I will never forget this... Explanation... It is fantastic..
@skl5532
@skl5532 4 жыл бұрын
That’s a Brilliant explanation Sir. You can remember this graph and you’ll know what the 4 Terms means based on the examples. Thank you.
@queiskle
@queiskle 5 жыл бұрын
My teacher is great, one of the best at my university but man just now it all clicked for me. Thanks!
@llewellynkinnaird2481
@llewellynkinnaird2481 5 жыл бұрын
That is a ridiculously great description. I'm going to use this in my exam . Thanks
@oi-qq9sm
@oi-qq9sm 9 жыл бұрын
so much better than my stupid teacher.
@naningutamiaris9868
@naningutamiaris9868 7 жыл бұрын
rumah amalia
@PhobiaPhobo
@PhobiaPhobo 12 жыл бұрын
@Khanacademy Just throwing this out. Poly does not come from sellers... it comes from "many" as in "Poly-gon"= Many sides or "Polyethylene"="One of many polymers of ethylene". I guess it would make more sense to think of "Mono-Poly" to be "One taking over Many"
@DinkerTinker1
@DinkerTinker1 12 жыл бұрын
So, the sum of it all is: find an area where you make your money in an oligopoly like atmosphere and avoid the rest? If you want to look at it from an entrepreneurial stand-point, that is. This is kind of like thinking about only entering areas where there is a high entrance level. Or, if the entrance level is low, have legislators increase the entrance level and position yourself on the right side of the fence. Great video.
@ketoleuclaver5583
@ketoleuclaver5583 Жыл бұрын
I always get something great from your training. Thank you so much.
@michaeljacksonlover0
@michaeljacksonlover0 10 жыл бұрын
I love you
@hasibibnmizan9868
@hasibibnmizan9868 7 жыл бұрын
now i think i can be a teacher to my lecturer
@riyaramkissoon
@riyaramkissoon 11 жыл бұрын
good explanation of market structures
@RonaldLawat-se4rn
@RonaldLawat-se4rn 2 күн бұрын
We love the professor
@servantofgod3709
@servantofgod3709 10 жыл бұрын
Thank you so much for this! :)
@TeensTakeOnWorld
@TeensTakeOnWorld 12 жыл бұрын
first to watch, like, and comment. beat that. Hey khan. great videos. i wouldnt have passed algebra without you
@cassimsaib910
@cassimsaib910 8 жыл бұрын
good explanation. thank you
@212jbh
@212jbh 12 жыл бұрын
Do some more stats! I want to find out about how experimental studies analyze their data and hope that set of videos gets finished
@childpleaz85
@childpleaz85 7 жыл бұрын
Thank you, thank you, for the video, the video. Really helped, really helped.
@zebaali2529
@zebaali2529 2 жыл бұрын
branded computers should come in differentiated oligoply?
@jessicaopfer2860
@jessicaopfer2860 5 жыл бұрын
what kind of program or app do you use to do your writing for your videos, its very clear and steady. do you use an ipad and pen? or something else. thanks.
@gorybliss6650
@gorybliss6650 8 жыл бұрын
I play monopoly often
@verlanmouanga5042
@verlanmouanga5042 4 жыл бұрын
Brilliant teacher!
@tharkidoctor844
@tharkidoctor844 2 жыл бұрын
Thanks
@EgadsNo
@EgadsNo 12 жыл бұрын
Funny how monopolies always come about through regulation, be it from outside sources (government) or internally as business models. Regulation is a double edged sword for the consumers and producers. Good job demonstrating which side benefits who ;) Funny how bailouts and subsidies also root in regulation- but more often one sided...
@Chadmlad
@Chadmlad 11 ай бұрын
Could you do another video about this? Loved your explanation but I feel like theres more room to explore these concepts
@BlastOfAwesome
@BlastOfAwesome 10 жыл бұрын
Haha you sound like Phil from Modern Family. But very helpful video! Thanks!
@sonalpunchihewa9273
@sonalpunchihewa9273 6 жыл бұрын
Phil Dunphy
@faeinthebay
@faeinthebay 9 жыл бұрын
Interesting to see how "branded computers" would now be a better example as "branded smartphones". Similar display panels, identical Snapdragon chips, and Android versions but different skins and features. And now Sony has backed out of the computer market and spun off Vaio into its own smaller company.
@KrunalRindani
@KrunalRindani 11 жыл бұрын
That's called being intelligent...
@dulcetoosweet3680
@dulcetoosweet3680 10 жыл бұрын
can someone please hep me! I'm really confused, which firm would be unable to generate long run economic profit due to economic luck?
@jameswinter
@jameswinter 12 жыл бұрын
thanks. fun to watch. nb - typo in title
@zaidradwan4000
@zaidradwan4000 5 жыл бұрын
Very Nice sir
@junereybaladhay5233
@junereybaladhay5233 8 жыл бұрын
How do firms operating under four different types of market structures such as pure competition, monopolistic competition, monopoly, and oligopoly achieve their profit-maximizing price and output objectives?
@Schaschlik345
@Schaschlik345 7 жыл бұрын
I'm not sure I understood your question correctly but since the market structure is tied to a product/service, price and output should be calculated individually as well.
@Melthornal
@Melthornal 12 жыл бұрын
@EgadsNo Controlling the only available supply chain = monopoly. That has nothing to do with regulation.
@gocrazy432
@gocrazy432 11 жыл бұрын
How is that even possible? Unless you have patents which are enforced, on everything up until the raw material and substitutes.
@Melthornal
@Melthornal 11 жыл бұрын
If there is only one supply chain, and you control it, how can anyone else compete?
@adiamaheshwari5032
@adiamaheshwari5032 3 жыл бұрын
Stopped at 6:16 (for my reference)
@JakDerrida
@JakDerrida 12 жыл бұрын
@EgadsNo "Funny how monopolies always come about through regulation, be it from outside sources (government) or internally as business models." What does this even mean?? I don't see how it's funny that monopolies always result from either internal or outside sources because those are the only 2 types that can exist.
@riyaramkissoon
@riyaramkissoon 11 жыл бұрын
monopolistic competition --> monopoly over brand ~~~how i see it
@gocrazy432
@gocrazy432 11 жыл бұрын
"Not nessesarily" Can you show how?
@omarabouchamat3049
@omarabouchamat3049 7 жыл бұрын
Exam in 2 days, wilililil
@mrhnm
@mrhnm 12 жыл бұрын
@JakDerrida Monopolies don't exist without someone using force, whether that force is in the form of government thugs or other criminals.
@pugopilis
@pugopilis 6 жыл бұрын
Differentiation not d'frentiation
@mrhnm
@mrhnm 12 жыл бұрын
@kuzzlenuzzle I am what American Libertarians want to be when they grow up.
@chenzhang8539
@chenzhang8539 6 жыл бұрын
so。。。monopoly is low differentiation?
@alvintung6552
@alvintung6552 6 жыл бұрын
ya
@mngunisimelane7819
@mngunisimelane7819 3 жыл бұрын
Im writing in 2 hrs
@mohammedalqahtani4618
@mohammedalqahtani4618 5 жыл бұрын
please try to explain slowly.
@Kirwa_alexander
@Kirwa_alexander 6 жыл бұрын
I think i can lecture now
@Victor78239
@Victor78239 6 жыл бұрын
This guy sounds like Bob Belcher's cousin lol
@nlo13
@nlo13 12 жыл бұрын
@mrhnm 8:17
@mrhnm
@mrhnm 12 жыл бұрын
Isn't monopolistic competition an oxymoron...
@abarford1
@abarford1 12 жыл бұрын
@mrhnm Yeah, I punch everybody playing when I pass go
@agerars1618
@agerars1618 Жыл бұрын
you are a, *L E G E N D*
@yeungeddie
@yeungeddie 8 ай бұрын
LAST
@PhobiaPhobo
@PhobiaPhobo 12 жыл бұрын
@TheCreativeElitist mah bad
@goldensilverstar
@goldensilverstar 12 жыл бұрын
Lol what the fucking kind of name is that for a topic?
@dylanfox116
@dylanfox116 6 жыл бұрын
Why, why, why do you repeat your self after each word? Once is enough!!
@tetecheri7058
@tetecheri7058 2 жыл бұрын
am i the only one left confused after this???? because i feel like i had a better understanding before this and now my mind has too much information
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