Y2 21) Monopolistic Competition
Y2 21) Monopolistic Competition. Full detail of theory regarding Monopolistic Competition
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You sail effortlessly in the high seas of economics rescuing drowning students. Thank you. You are the best.
@asheerahmed3911
2 жыл бұрын
faxx
@tomh383
2 жыл бұрын
Such a beautiful metaphor. Nearly made me tear up
@mazza653
Жыл бұрын
w
@danielgupta2050
Жыл бұрын
Npc
thank you so much ...you did it for me econplusdal ... went through 50% of your sessions without going through the study manual and managed to get 86% in my finals.
@imaivie
2 жыл бұрын
this is my tactic is well and it's working... I BASICALLY FEEL LIKE A GOD ATM
Daddy Dahl to the Rescue
The best economics teacher in the world.
You are my Economics teacher.
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@userxp7055
3 жыл бұрын
Why ghost????😂
@swizzler5554
3 жыл бұрын
You're one microscopic cog In his catastrophic plan Designed and directed by His red right hand
@jparthur
3 жыл бұрын
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@mrjgoodman94
2 жыл бұрын
He's a G
@_-FreePalestine-_
3 ай бұрын
He is definitely not a god.
You make my econ a level so much more manageable,thank you sir!
One of the best explanation and very effective and to the point lesson.Thank you
Got a 92/100 in my econ A levels after reading the book and going through your material in 7 days. No joke. You are a blessing for so many of us
@KalebB-px1ey
3 ай бұрын
What did you do? How did you get that? Any tips for me to get a similar score like you did?
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2 ай бұрын
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2 ай бұрын
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@mw55786
2 ай бұрын
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@harbzsquadings2277
2 ай бұрын
@@mw55786 ym are just saying that cos ur destined to flop it bruv
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Dal hard this Easter revision. Come on
You’re actually a saviour
His such a blessing🙌. I have exams coming up, and his videos really help in better understanding and clear doubts.
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@olliebell7177
3 жыл бұрын
better than all the rest!
You're amazing!
Very helpful. Thanks alot
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OMG THIS IS SO HELPFUL FOR H2 ECONS
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Thank you so much papa for saving my (our) econ final exam tomorrow. You are the best!!!!!
👏 many thanks
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@mohammedomran6758
5 жыл бұрын
Thanks
@lucalin1577
9 ай бұрын
thank you
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love you daddy dal
economics is really fun and interesting subject when econdaddy is teaching until you have an exam paper tomorrow..
@beverlyaddison2290
3 жыл бұрын
Me rn
@amelia7161
3 жыл бұрын
and me rn
@MCart1215
Жыл бұрын
me rn
@5iju
Жыл бұрын
and me
You fucking hero dal, we love you xx
Lifesaver
Thanks so much for this video . I have been watching your videos all the way from New York. But I have a question . it goes this way. why are firms in monopolistic competitions don’t operate efficiently and why would they still want to operate under such markets conditions?
Legend
many sites say that monopolistic competition is dynamically efficient and I got an answer wrong in the test. is it dynamically efficient in the short run due to supernormal and not dynamically, in the long run, to be more precise?
Dal you little starboy
very attactive man
Is it possible to use contestability , hit and run entry as a drawback?
I LOVE YOU! DADDY DAL!
Genius
I get the diagram illustrates in the long run that there is no allocative efficiency. However, in reality wouldn't consumers be at benefit due to the entrance of new firms in the market? Newly innovated products, lots of choice and variety etc. So how would consumers lose out like you mentioned @6:55
@Usman-xh9sr
2 жыл бұрын
my bad just watched the rest of the video looooool
Oh gosh does mc always cut ac at it lowest point in all the other market structure diagrams??
AQA exon Tom good luck everyone
Big up Feldo
@na.a8646
4 жыл бұрын
George Brand woohoo 🤘🏽
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4 жыл бұрын
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@karthiksp7872
3 жыл бұрын
ik dude he looks like viks big brother
One question: In both perfect and monopolistic competition, are there low barriers to entry and exit or no barriers at all? As per my Edexcel textbook, it is pointed as 'no'.
@ashritaeswara9935
3 жыл бұрын
Perfect competition - no barriers to entry Monopolistic competition - low barriers to entry (this is according to my lecture notes)
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Giga chad
The econ messiah.
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I love u dal ur my Indian daddy
0:57, for monopolistic competition, isn't there a usually case where there are *no* barriers to entry/exit?
@roxywarne2795
Жыл бұрын
It’s low as the products are differentiated by brands therefore could be brand loyalty, which is a barrier to entry
Why is the MR curve half of AR curve?
Is there a book teaching these kinds of content and what's the scope and name and major of this topic?
@arc3271
Жыл бұрын
It's IB economics. High school program part of the IB diploma. The content here is microeconomics. Because it's a global program, there is lots of content online.
@amin8202
Жыл бұрын
@@arc3271 thanks. Could you please suggest some schools with proper content on the whole topic
@arc3271
Жыл бұрын
@@amin8202 I'm not sure what you mean by that; apart from IB (which is locked to high schools that run the program), any university can give you the same basic level understanding in any introductory economics course (you just learn the basics of microeconomics, macroeconomics, and some international economics). You will likely learn all of it in one class in one semester; a proper economics course will go into more depth then this. You can also learn from a textbook; I don't know what's best, but if you really want to follow the IB curriculum you can get Economics for the IB Diploma (Second Edition), other then that my university recommends Essentials of Economics (one of the recent ones by Glenn Hubbard). Note this book is for one class for one semester, a full economics course will have many more books.
Is insurance monopolistic??
Is this the same as monopolistic
gang
God.
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@prachijain403
3 жыл бұрын
lmaoo
He says that in perfect competition there aren't many opportunities for economies of scale. Why?
@arnavmalhotra2034
3 жыл бұрын
Only normal profits are earned due to low concentration ratio. Thus the firm's in perfect competition cannot increase their size (scale) and reap the benefits of eco. of. Scale
8:35
phsss difficult vid
Reverend dal
couldn't you get dynamic efficiency in perfect competition if firms reinvest their supernormal profits made in the short run?
Is this the same as monopsony
@aquawater5069
2 жыл бұрын
No, that’s when there’s only one buyer of goods in the market.
Isn’t this just the same as perfect competition?
@Matt-pw1sg
Жыл бұрын
Definitely not
@maday9425
Жыл бұрын
no way
@user-bd2pk5de9c
Жыл бұрын
I think its just a less extreme, more realistic version of Perfect competition
dababy sussy amogus
show that monopolist does not achieve pareto efficiency
u didn't explain losses bro short term mai
@Manisha_Magszine
2 жыл бұрын
true... but he mostly explained all of the concepts! :) he has an amazing set of videos to help us! 🥺
second
you are perfect, but could you please just speak slower :D it is really fast
first
Why does MC have to go through the minimum of AC? @econplusdal
@antisocialbarbie1587
9 ай бұрын
I wanted to explain but looks like even I don't know but mainly the Situation should be always like this mc will always cut Ac at it's peak