Technology Chapter 8-market-structure (1)

1. Written by: Edmund QuekCHAPTER 8 MARKET STRUCTURELECTURE OUTLINE 1INTRODUCTION2PERFECT COMPETITION2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9Characteristics of perfect competition…

Documents Chapter Oligopoly 17. Oligopoly – Only a few sellers – Offer similar or identical products –.....

Slide 1Chapter Oligopoly 17 Slide 2 Oligopoly – Only a few sellers – Offer similar or identical products – Interdependent Game theory – How people behave in strategic…

Technology Chapter 8-market-structure

1. Written by: Edmund QuekCHAPTER 8 MARKET STRUCTURELECTURE OUTLINE 1INTRODUCTION2PERFECT COMPETITION2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9Characteristics of perfect competition…

Documents Revenue curves of the business As a business we need to know the most profitable output we can...

Slide 1 Slide 2 Revenue curves of the business As a business we need to know the most profitable output we can produce. To find out how we can be the most profitable we need…