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Perfect Competition

Teaching market structures in a microeconomics class? The market structures slides plot the cost curves for all markets and the second deck of slides present graphs related to perfect competition, the market structure in which there are many buyers and sellers of an identical product and there are no barriers to enter or exit the market. The slides illustrate firms' short-run decisions.... Show More

Keywords:: Market Structures, Microeconomics

Disciplines:

Business / Economics

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More about this material

Material Type:: Tutorial
Date Added to MERLOT:: February 25, 2024
Date Modified in MERLOT:: February 29, 2024
Author:: Federal Reserve Bank of St. Louis
Submitter:: Scott St. Louis
Primary Audience:: Middle School, High School, College General Ed
Technical Format:: PDF, Website

Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: Unknown
Creative Commons:: This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International