Showing posts with label Marginal Revenue. Show all posts
Showing posts with label Marginal Revenue. Show all posts

The Simpsons, "Bart Gets an Elephant"

Posted by TV for Econ On Sunday, April 18, 2010 0 comments


Marginal cost, marginal revenue, pricing strategy, law of demand: Bart wins an elephant in a local radio contest, but Homer discovers that having an elephant can be quite costly - even if he earns revenue from selling rides to the folks in Springfield.

DVD Location: Season 5, "Bart Gets an Elephant", 11:46-13:46