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Author:
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Javier Carrillo
IE Business School
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| Description: |
This interactive tool explains the adjust in short and long term of the market and the enterprise under the theory of perfect competition. It allows the interaction of both dimensions and to see the equilibrium process in terms of profits, looses, prices, and exchanged quantities. The documentation includes graphs with explanations of the shifts, as well as exercises with feedback. |
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| Keywords: |
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Total cost, Equilibrium, Perfect competition, Market, Marginal income, Marginal cost, Average cost
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Browse in Categories:
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| More information about this material: |
Primary Audience:
College General Ed
Mobile Compatibility:
Not specified at this time
Technical Requirements: Internet access, Internet browser
Language:
English
Cost Involved:
unsure
Source Code Available:
unsure
Accessiblity Information Available:
unsure
Copyright:
yes
Creative Commons:
This work is licensed under a
Attribution-NonCommercial-NoDerivs 3.0 Spain
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