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The Costs and Benefits of Monopoly

96,559 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

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

Accent:

  • English (US)

Speech Time:

92%
  • 8:00 / 8:40

Speech Rate:

  • 155 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

transferred
verb

move from one place to another.

constant

/ˈkänstənt/

adjective noun

occurring continuously. unchanging situation.

economist

/əˈkänəməst/

noun

expert in economics.

transfer
noun verb

Moving to a different place, job, or school. To get off a plane, bus etc. and get on another.

consumers

/kənˈso͞omər/

noun other

person who purchases goods and services. People who buy goods or services.

ourselves

/ou(ə)rˈselvz/

pronoun

used as object of verb or preposition when this is same as subject of clause.

simplify

/ˈsimpləˌfī/

verb

make something simpler or easier to do or understand.

someone

/ˈsəmˌwən/

pronoun

unknown or unspecified person.

deadweight

/ˈded ˈˌwāt/

noun other

weight of inert person or thing. The unrelieved weight of a heavy, motionless mass.

competition

/ˌkämpəˈtiSH(ə)n/

noun

Fighting against others to win something.

exactly

/iɡˈzak(t)lē/

adverb

used to emphasize accuracy of figure or description.

maximizing

/ˈmaksəˌmīz/

verb

To make as large or great as possible.

compared

/kəmˈper/

adjective verb

How similar and different things are. To consider how similar and different things are.

potential

/pəˈten(t)SHəl/

adjective noun

Capable of happening or becoming reality. latent qualities that may be developed.

quantity

/ˈkwän(t)ədē/

noun

A large amount of something.

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