Keep going! Check out the next lesson and practice what you’re learning:
https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/imperfect-competition/ap-monopolies-tutorial/v/monopolist-optimizing-price-part-1-total-revenue

Learn about how to represent a monopoly market graphically in this video. Topics covered include the profit-maximizing quantity, pricing decisions, and deadweight loss associated with monopolies.

Microeconomics on Khan Academy: Microeconomics is the study of individual decisionmakers in an economy, such as people, households, and firms. Learn how markets work, how incentives drive decisionmaking, and how market structure influences market outcomes. We hit the traditional topics from an AP Microeconomics course, including basic economic concepts, markets, production and costs, profit maximization perfect competition, imperfectly competitive market structures, game theory, factor markets, and income inequality.

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