Intermediate Micro: Monopoly & Market Power

I cover monopoly profit maximization, I introduce an idea of how a previously competitive market can become monopolized via cost innovation (large or small), and cover first, second, and third degree price discrimination)

Referenced videos:
Monopoly's marginal revenue:    • QA: Where Does Marginal Revenue Equat...  
Elasticity and Revenue:    • QA: Link between elasticity and revenue  
Elasticity formula:    • QA: Price Elasticity of Demand Calculus  
Monopoly & elasticity:    • Monopoly Price Elasticity of Demand MRMC  
Innovation example:    • Intermediate Micro: Innovation Monopo...  
First degree price discrimination:    • First Degree Price Discrimination  
Second degree price discrimination:    • Intermediate Micro Exam Practice Seco...  
Third degree price discrimination:    • Intermediate Microeconomics: Third De...