Unit 8 More Economics of Competition and Competitive Strategies Key Topics 1. Alternative market structures a. b. 2. 3. Perfect competition Imperfect competition Barriers to entry Revenue concepts for a price-taking firm (review) a. b. c. P = AR MR TR.
Transcript Unit 8 More Economics of Competition and Competitive Strategies Key Topics 1. Alternative market structures a. b. 2. 3. Perfect competition Imperfect competition Barriers to entry Revenue concepts for a price-taking firm (review) a. b. c. P = AR MR TR.