Think Like An Economist

S E21: Market Power - Why businesses charge more

29 snips
Dec 8, 2020
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Episode notes
1
Introduction
00:00 • 2min
2
The All Night Corner Store Has Market Power
01:32 • 2min
3
What Is Perfect Competition?
03:19 • 2min
4
The Opposite of Perfect Competition
04:57 • 3min
5
Most Businesses Have Some Market Power
07:36 • 2min
6
The Trade Off of Raising Your Prices
09:40 • 1min
7
How Much Market Power Do I Have?
11:09 • 2min
8
How Many You Bet You'll Make?
12:58 • 3min
9
Market Power Isn't Great for You, Justin
15:31 • 2min
10
Do Businesses Have Market Power?
17:19 • 3min