Price Determination under MONOPOLY Market

Lesson 2 of 5 • 10 upvotes • 11:44mins

Shobhit Jawrani

The lesson describes how the MONOPOLIST attain equilibrium in the market in all three cases ie. in very short period, short period and the long period. The lesson is very important for students appearing for undergraduation exams and board exams class 12th for all the the BOARDS be it a ISC,CBSC or etc.. The lesson can also benifit the students aspiring for clearing UPSC exam.Though the lesson is from micro-economics part which is not much relevant for UPSC aspirants but it cannot be left.A reading can be done for being in a safe side. Thank you.