Economics – 11/11/11

 I.  Bellwork Q&A

  1. List two examples of industries where numerous competitors exist.
  2. List an industry where only one supplier exists.

II.  Objective:

  • Analyze how the functions and constraints of business structures, the role of price in the market, and relationships of investment to productivity and growth, impact competitive markets.
  • Identify common circumstances related to market failures and the impact externalities have on society.

III.  Video & Discussion

IV.  Classwork


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