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E.3

Market Structures: Students understand the role of business firms and analyze the various types of market structures in the United States economy.

Indiana DOE
Last updated: 
2018-10-10 17:54:58

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Finer grained standards that are part of this one

E.3.1

Identify the ways that firms raise financial capital and explain the advantages and disadvantages of each.

Indiana DOE
Last updated: 
2014-05-06 08:00:17

E.3.2

Demonstrate how firms determine optimum levels of output by comparing marginal cost and marginal revenue.

Indiana DOE
Last updated: 
2014-04-28 06:56:54

E.3.4

Recognize the benefits of natural monopolies (economies of scale) and explain the purposes of government regulation of these monopolies.

Indiana DOE
Last updated: 
2014-04-28 06:57:11

E.3.3

Compare and contrast the basic characteristics of the four market structures: monopoly, oligopoly, monopolistic competition, and pure competition; explain how various amounts of competition affect price and quantity.

Indiana DOE
Last updated: 
2014-04-28 06:57:04
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