Y2 28) Competition Policy – Monopoly Regulation
Competition Policy – Monopoly Regulation. Crucial video covering monopoly regulation through competition policy.
Give him the knighthood. Saving my a levels
how does marginal cost increase with windfall taxes. Why do the costs of production increase if there is a reduced amount of profit for a firm. If anything reduced profit will incentivise firms to lower their costs or production.
Around the 5 minute mark, you mention a couple of times that if firms succeed in cutting costs to the point where they can still make significant profit, even when a price maximum of RPI-x is imposed, this may lead to regulating bodies !!reducing!! x, which would make it harder for them to continue making high levels of profit. Since the co-efficient of x is -1, wouldn't it be an increase in x that made it harder to maintain high levels of profit?
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Is it included in a level?
Stunning video, Dal!
30 mins until my a level 😂
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LOVE YOU DAL
Thank you for videos. I'm peruvian and I recommend your videos to my partners! Congratulations!
2 days g
what is K?
Who else is DALLING HARD rn?
"Such as the dynamic efficiency of benefits" 😉 jk luv ya man! I would be nowhere without u!
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How would windfall taxes worsen the monopoly if it would just take the supernormal profits generated by the monopoly, whilst having no effect on the output nor the price (since it's still producing at where MR=MC)?
Why are there no labour market videos in this playlist???????
Can you please answer- I've watched this like 3 times now and still dont understand the profit control one. To clarify, is capital employed the amount spent by a business- so its costs? or are you referring to capital as in factor inputs? I'm really confused- I thought this was like a ROCE (as in return on costs/money), but in this you are talking about capital goods?
like your way of explaining! thanks
Such a fan!
Such a helpful video!
what is regulatory capture?
This is really helpful when all my college gives me is a thick booklet on competition policy. Thank you for making it so much easier!
At 4:53 wouldn't a reduction in 'x' benefit the firm as RPI-x would be higher?
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