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Differentiation - Prices in monopolistic markets - part one

By METAL (Mathematics for Economics: enhancing Teaching and Learning)

Abstract

In this section we look at supermarket pricing, using differentiation to show that equilibrium price in monopolistic markets in higher than in competitive markets. (Duration 7 minutes 50 seconds). Part of a series of films from the METAL (Mathematics for Economics: enhancing Teaching and Learning) project that show how partial differentiation and integration are used to gain constructive insights into economics as a discipline. They are fundamental building blocks for a course of mathematics for economics. These video clips and animations can be viewed in isolation, or via the learning pathway links to related materials in a Question Bank.

Topics: differentiation, maths, mathematics, metalproject, economics, Social studies, L000
Year: 2010
OAI identifier: oai:dspace.jorum.ac.uk:10949/6969
Provided by: Jorum Open
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