Monopoly and Perfect Competition Exercise

[@MalutiChali]

Best vid I have seen on monopoly x perfect competition

[@abongilejevu2228]

I'm writing a test now thank youo

[@stefanonae26]

Very insightful video! Which app are you using as a whiteboard?

[@vaneguttmann3246]

Hi, Thank you for sharing this video! It's amazing!
But what I don't understand: why is MR(Q)=120-2Q?
Thank you!!

[@sebastianwaiecon]

MR is the derivative of revenue. R(Q) = (120-Q)Q = 120Q - Q^2. So, MR(Q) = 120 - 2Q. When inverse demand is linear, MR will have the same intercept and double the slope because of the derivative.

[@vaneguttmann3246]

@@sebastianwaiecon Thank you so much!!!!

[@vaneguttmann3246]

Do you solve the mathematical problems of your subscribers?

[@ΘωμάςΜπατσικώστας]

If I have p= 70-05q and two costs first mc1=3q1 mc2=q2 how is the mr ???

[@sebastianwaiecon]

I have a video on Monopoly with Multiple Plants that you might want to look at.

[@gelorenmalicdem6956]

thank you sir