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.

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Education Level: 9-12 ,  College
Subjects: AP Economics ,  Economics
Concepts: Market Structure
Resource Types: PowerPoint ,  Lesson
Languages: English
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