Monopoly's Full Profile
No, we aren't talking about the board game although the game does try to approximate what this tutorial is about--notice that you can charge more rent at either Boardwalk or Park Place if you own both (you have a "monopoly" in the navy blue market).The opposite of perfect competition is when you have only one firm operating. This tutorial explores what this firm would do to maximize economic profit.
Days of the Week:
Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
- Level of Difficulty: Beginner
- Size: One-on-One
- Instructor: Sal Khan
- Cost: Free
- Institution: Khan Academy
- Topics: Finance, Economics
About Khan Academy:
Khan Academy is an organization on a mission. Khan Academy is a not-for-profit with the goal of changing education for the better by providing a free world-class education for anyone anywhere.
Khan Academy Offers Courses In:
Social Science, Business
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