Oligopoly : why is there a discontinuity in the marginal revenue curve?

[@camerondron8246]

Just what I was looking for. Even the almighty Clifford doesn't seem to have a video for this. Great explanation. Cheers!

[@gconomics3766]

Glad it was useful.

[@thegrimreaper5104]

What a guy bro, absolute goat.

[@jamessnell4756]

Good work mate. much appreciated. i do wish that you would use numbers though aswell to solidify understanding even if it is a little laborious haha

[@realdvgarg]

Great explanation.

[@gconomics3766]

Glad it was helpful!

[@professorharry5825]

Means price is the reason ?

[@sirivanwide5999]

Well done sir understood clearly. Are ya from cork?

[@monikayeasmin9009]

Please tell me sir, at the output level, what is the shape of marginal revenue curve?

[@sandeepj1479]

Downward sloping

[@saradewan2689]

Sir can you please tell me what is the shape of the marginal revenue curve here?

[@gconomics3766]

The MR curve is derived from the AR curve. Therefore, at first it's elastic as it follows the elastic AR curve. When AR becomes inelastic, MR also follows the same path.

[@saradewan2689]

@@gconomics3766 so the shape of the mr curve is downward sloping?

[@gconomics3766]

@@saradewan2689 Yes.

[@saradewan2689]

@@gconomics3766 thank you so much sir

[@ariukaa27]

thank you!

[@gconomics3766]

You're welcome!

[@geethamanian3653]

NICE,THANK YOU

[@gconomics3766]

No problem

[@vijayangovindaraji4939]

nice explanation. thank you

[@gconomics3766]

Thanks ... pleased it was helpful.

[@mainbraine]

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