Documents Lesson 11-Market Structures

GOALS͙ Understand the four market structures 1. Perfectly competitive market 2. Monopoly 3. Oligopoly 4. Monopolistic Competition Be aware of the pricing and output decisions…

Documents 1.5.2 Perfect Competition

PowerPoint Presentation 1.5.2 Perfect Competition Unit Overview Assumptions of the Perfectly Competitive Model Large number of sellers Homogeneous product No entry barriers…