- Comment
- Love
Intro to Microeconomics & Macroeconomics
-
Free3 CQ
In the long run, firms in competitive markets make choices about production that are important to consider. Do just that with a long run average cost curve!
with John BoumanIn the long run, firms in competitive markets make choices about production that are important to consider. Do just that with a long run average cost curve!
-
3 CQ
What is a kinked demand curve model? Considering businesses in an oligopoly industry, review an example of what happens when competing product prices change.
with John BoumanWhat is a kinked demand curve model? Considering businesses in an oligopoly industry, review an example of what happens when competing product prices change.
-
3 CQ
In this economics lesson, review profit maximization in the case of a firm facing monopolistic competition, and consider the potential for above-normal profits.
with John BoumanIn this economics lesson, review profit maximization in the case of a firm facing monopolistic competition, and consider the potential for above-normal profits.
-
3 CQ
If you understand monopoly profit maximization, why not consider it graphically? Interpret graphs to figure out what a firm does in order to maximize profits.
with John BoumanIf you understand monopoly profit maximization, why not consider it graphically? Interpret graphs to figure out what a firm does in order to maximize profits.
-
3 CQ
Learn how firms behave differently in the long run, why above-normal profits are not sustainable, and what happens when other firms enter in pure competition.
with John BoumanLearn how firms behave differently in the long run, why above-normal profits are not sustainable, and what happens when other firms enter in pure competition.
- Recommended Recommended
- History & In Progress History
- Browse Library
- Most Popular Library
Get Personalized Recommendations
Let us help you figure out what to learn! By taking a short interview you’ll be able to specify your learning interests and goals, so we can recommend the perfect courses and lessons to try next.
Start InterviewYou don't have any lessons in your history.
Just find something that looks interesting and start learning!