tutor2u Economics on Instagram: "What gives a firm the power to push prices higher without losing customers? In this youtube short, Geoff Riley explains monopoly power — from the lack of close substitutes to the consumer “lock-in” seen in ecosystems like Apple’s iOS. #MonopolyPower #MarketPower #SupernormalProfit #EconomiesOfScale #PriceSetting #MarketDominance #AlevelEconomics #Tutor2uEconomics #GeoffRiley #Microeconomics #iOSEcosystem #PED #MonopolyDiagram #CompetitionPolicy #BarriersToEntry #
1:31
Instagramtutor2uecon
tutor2u Economics on Instagram: "What gives a firm the power to push prices higher without losing customers? In this youtube short, Geoff Riley explains monopoly power — from
17 likes, 0 comments - tutor2uecon on November 28, 2025: "What gives a firm the power to push prices higher without losing customers? In this youtube short, Geoff Riley explains monopoly power — from the lack of close substitutes to the consumer “lock-in” seen in ecosystems like Apple’s iOS. #MonopolyPower #MarketPower # ...
950 views2 weeks ago
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