Perfect Competition

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52 Downloads 109 Views Updated: Sunday, December 24, 2017 - 5:08am
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  1. definition: a market in which all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
  2. Features: 
    Lots of Buyers/Sellers

    Identical Products

    Informed Buyers/Sellers

    Free Market Entry/Exit

Lesson Plan Resources

Activity
Direct Instruction
Lesson Plan
Team-Based Learning
Lesson tags: 
Advanced Placement (AP)
International Baccalaureate (IB)

Reviews

December 2017
Good work