Perfectly Competitive Market - 4099 Words
Markets in Practice
Market structures affect the economic outcomes for producers and consumers. Students investigate the features of the following market structures: perfect competition, monopolistic competition, oligopoly, and monopoly. (Note that a knowledge of cost and revenue curves is not required.)
Students evaluate market structures in terms of meeting the needs of consumers and producers, using criteria that include price, choice, quality, efficiency, profitability, and use of new...
4,099 Words | 12 Pages