Slide 17-1: WHAT IS PERFECT COMPETITION? Slide 2 Competition Economists classify markets based on how competitive they are Market structure: Describes the level of competition…

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1. MONOPOLY1 2. Presented ByShubhangi SinhaManisha SinghSonali AhiwaleNeelam ShindeNehali UpashamRohinee Ghuge2 3. IntroductionMONO = means “One”+POLY = means “ Sell”One…

Slide 1 Georgetown University Slide 2 Potato Cartel  Why did Merrill Hanny bury $100,000 worth of Potatoes? Slide 3 Potato Farmers Mash Supply Source: United Potato Growers…

Slide 1 AS Economics and Business How size affects market power Unit 2B By Mrs Hilton for revisionstation Slide 2 Slide 3 Lesson Objectives To be able to discuss: – the…