This video explains in detail the differences between the monopoly market and the perfectly competitive market system. It discussed the issue of output produced, quantity supplied, the price charged, and the profit earned.

💡RELATED VIDEOS TO THIS TOPIC
→ Cost Concepts Playlist |    • COST CONCEPTS  
→ Revenue Concepts Playlist |    • REVENUE CONCEPTS  

📚 FUNDAMENTALS OF DEMAND AND SUPPLY
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WHO AM I?
Hey there, 👋 I'm Musa. I recently just finished my Masters Program in Economics at Eastern Mediterranean University. I graduated (in February 2024) with a 4.00/4.00 CGPA.

My Thesis topic is: "The Impact of Government Expenditure on Economic Growth and Inflation Rate in Nigeria." The data used were from 1981 to 2022 (42 years). The methodology used was the ADF-Test, ARDL/ARDL Bounds Test, and Granger Causality Test. If you are interested in reading about my Thesis, you can download it for free by clicking this link: https://www.cotual.com/thesis

Upon finishing my Masters Degree, I formed COTUAL LLC, a digital marketing company. We focus on how to use digital marketing to achieve financial success. To learn more, visit: https://www.cotual.com/thesis

Digital Marketing is my current focus; however, I still create videos on Economics videos. Because "the knowledge is in my head, there's no point in letting it sit there, so it's best to let others benefit from it."

Kindly subscribe to the channel and help us grow. It will warm my heart! 🤗

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⌚️ Timestamps:
0:00 - Intro
0:08 - Question 1
1:58 - Question 2
4:35 - Question 3
7:01 - Question 4
8:44 - Question 5
10:54 - Question 6

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