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Price discrimination for a monopoly | Microeconomics | Khan Academy

61,681 views

Khan Academy

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

98%
  • 7:33 / 7:39

Speech Rate:

  • 199 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

council

/ˈkounsəl/

noun

Group chosen to make decisions about something.

insurmountable

/ˌinsərˈmoun(t)əb(ə)l/

adjective

too great to be overcome.

members

/ˈmembər/

noun other

person, animal, etc. belonging to group. People or things belonging to a group or team.

typical

/ˈtipik(ə)l/

adjective

having distinctive qualities of particular type of person or thing.

barriers

/ˈberēər/

noun other

fence or other obstacle that prevents movement or access. Difficult situations preventing something happening.

marginal

/ˈmärjənl/

adjective noun

Very small; on the edge; not important. water plant growing close to land.

already

/ˌôlˈredē/

adverb

Having happened or been done before this time.

monopoly

/məˈnäpəlē/

noun

exclusive control of supply of or trade in commodity or service.

intersects

/ˌin(t)ərˈsekt/

verb

divide something by passing or lying across it.

whether

/ˈ(h)weT͟Hər/

conjunction

expressing doubt or choice between alternatives.

average

/ˈav(ə)rij/

adjective noun verb

constituting result found by dividing total amount. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.

variety

/vəˈrīədē/

noun

Particular type of thing or person.

minimum

/ˈminəməm/

adjective noun

smallest or lowest. Smallest degree or level that is acceptable.

whatever

/(h)wətˈevər/

adjective adverb determiner exclamation pronoun

Referring to any particular kind, type, quantity. at all. Anything or everything needed; no matter what. said as response indicating reluctance to discuss something, often implying indifference. (Used to dismiss what someone is saying).

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