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SS2: ECONOMICS - 2ND TERM
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Economic System | Week 15 Topics|1 Quiz
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Labour Market I | Week 24 Topics|1 Quiz
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Labour Market II | Week 34 Topics|1 Quiz
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Elementary Treatment of Utility | Week 44 Topics|1 Quiz
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Price Determination I | Week 55 Topics|1 Quiz
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Price Determination II | Week 63 Topics|1 Quiz
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Price Determination III | Week 6 contd5 Topics|1 Quiz
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Market Structure I | Week 73 Topics|1 Quiz
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Market Structure II | Week 86 Topics|1 Quiz
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Industries in Nigeria | Week 94 Topics|1 Quiz
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Industries in Nigeria | Week 9 contd7 Topics|1 Quiz
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Agricultural Policies | Week 103 Topics|1 Quiz
Lesson 8 of 12
In Progress
Market Structure I | Week 7
Performance Objectives:
By the end of this lesson, you should be able to:
- Define the concept of market
- Mention the types of markets based on the goods sold or purchased
- List the types of markets based on their relative competitions
- Explain the perfect market and the basic features
- Identify the profit-maximizing behaviour of a firm operating under the perfect competition
Lesson Content
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