zip, 1.61 MB
zip, 1.61 MB
jpg, 128.63 KB
jpg, 128.63 KB
jpg, 206.31 KB
jpg, 206.31 KB
jpg, 142.81 KB
jpg, 142.81 KB

This lesson introduces learners to perfect competition, we start by looking at the characteristics of perfect competition, ensuring students understand that this is not a realistic structure but a foundation to understand market structures. We then look at illustrating perfect competition in the short-run (with supernormal profits) and in the long-run (normal profits). Pros and cons are discussed and we finish with a box plenary.

Colourful, concise and engaging slides!

Thank you

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