Overview
Explain the concept of market and distinguish it from the market place.
Distinguish between perfect and imperfect markets by being able to identify their features.
Draw graphs to illustrate price and quantity determination under :a)perfect competition (b)monopoly(c) oligopoly
What you'll learn
- Concept and types of markets.
- Review of cost and revenue curves.
- Price and quantity determination under perfect competition, monopoly, duopoly and oligopoly.
Requirements
Course content
More on Consumer Behaviour, Price Determination And Market Structures
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Consumer Behaviour, Price Determination And Market Structures
6 lessons
Instructor
- 16 Lesson(s)
- 4.6 Instructor Rating
- Male
Lesson Review