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Demand curve and total revenue curve for a single-price monopoly
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Demand curve and total revenue curve for a single-price monopoly
5:26
About this lesson
- Total Revenue: p × q
- Deriving Total Revenue from Demand
- Total Revenue curve
- Quadratic function
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Video 1 of 20
Demand curve and total revenue curve for a single-price monopoly
5 min
• Selected
Calculating and graphing the marginal revenue curve from total revenue
10 min
How marginal revenue relates to elasticity of demand in a monopoly
6 min
Building a total revenue table from a demand schedule
1 min
Graphing the total revenue curve from the data table
2 min
Building a total revenue table from price and quantity data
1 min
Graphing the total revenue curve from the data table
3 min
Calculating marginal revenue from a total revenue table
3 min
Graphing the marginal revenue curve from calculated values
3 min
Graphing a linear demand curve P = 6 - 2Q
2 min
Deriving and graphing the marginal revenue curve from demand
1 min
Graphing the marginal revenue curve from the demand equation
1 min
Graphing a linear demand curve from p = 10 - 5q
2 min
Deriving and graphing the marginal revenue curve from demand
1 min
Plotting the marginal revenue curve from calculated points
1 min
Elasticity, marginal revenue, and revenue changes from a price cut
1 min
Why a price cut decreases revenue in the inelastic range
1 min
Unit elastic demand and zero marginal revenue
1 min
Pricing strategy when demand is elastic
2 min
Pricing strategy when demand is inelastic
2 min