Ch 12 Part 1
Perfect Competition’s Barriers
What is Low Barriers?
MB > MC
What is The Rule of Rational Choice?
The Influence in Perfect Competition
What is no Influence?
April 14th
Start of Spring Break
Firms, Households and Individuals
What is Microeconomics?
Chapter 12
What is Perfect Competition?
Perfect Competition’s amount of Firms
What is Many Firms?
Equals Marginal Revenue
What is Price?
Final Exam Date
What is May 20th?
4%
What is extra credit for the whole sesmester?
Price Blank
What is Price Taker?
What is 4?
Perfect Competition’s Products
What is Identical Products?
1%
What is extra credit per unit?
Best Professor on campus
Who is Professor Pankratz?
Additional Revenue from Additional Units
What is Marginal Revenue?
Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly
What are the 4 Market Structures?
q*
What is MR = MC?
Scantron
What is 888E?
SO 208
What is ETC classroom?
The way Firms in specific industries behave
What is Market Structure?
The amount of steps in the Method
What is 3?
Characteristics for Perfect Competition
What is Many Firms, Products are Identical, and Low Barriers?
Raisin Capital of the world
What is Selma?
Password for textbook
What is Econ Rocks?