What highly competitive markets?
What are imperfectly competitive markets?
What is market regulation?
Highly Competitive Markets
Students will understand how perfect competition and monopolisitic competition work with in the United States economy.
Imperfectly Competitive Markets
Students will understand the structure of oligopolies and identify and explain the various types of monopolies.
Students will understand the purpose of antitrust legislation.
What is perfect competition?
What is monopolistic competition?
How is an oligopoly structured?
What types of monopolies exist?
What was the purpose of early antitrust legislation?
How has the government enforced antitrust legislation?
monopoly, product differentiation
oligopoly, price war, natural monopolies, , , ,
trusts, laissez-faire, antitrust legislation