Unit Plan

Elemental Economics: Review of Basic Definitions: Competition

Curated by ACT

This site provides a good description of the four types of market structures: perfect competition, monopolistic competition, oligopoly, and monopoly, along with the major characteristics of each.

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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information