7.1 Perfect Competition and Monopoly Nearpod
Mr. Clifford tells us about Perfect Competition and Mr. DARP
Mr. Clifford tells us about Monopolies and the new cool curve
Identify the features of perfect competition
Describe the barriers to entry that can create a monopoly
Compare the market structures of monopoly and perfect competition in terms of price and quantity
7.2 Monopolistic Competition and Oligopoly
Batman battles an Oligopoly of bad guys
Monopolistic Competition curve and Excess Capacity
Identify the features of monopolistic competition
Identify the features of oligopoly, and analyze firm behavior when these firms cooperate and when they compete
7.3 Antitrust, Regulation, and Competition Nearpod
Graphing Regulation of Monopolies
Explain the goal of U.S. antitrust laws
Distinguish between the two views of government regulation
Discuss why U.S. markets have grown more competitive in recent decades.