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SS2: ECONOMICS - 2ND TERM
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Economic System5 Topics|1 Quiz
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Labour Market I4 Topics|1 Quiz
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Labour Market II4 Topics|1 Quiz
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Elementary Treatment of Utility4 Topics|1 Quiz
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Price Determination I5 Topics|1 Quiz
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Price Determination II3 Topics|1 Quiz
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Price Determination III | Week 6 contd5 Topics|1 Quiz
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Market Structure I3 Topics|1 Quiz
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Market Structure II6 Topics|1 Quiz
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Industries in Nigeria4 Topics|1 Quiz
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Industries in Nigeria | Week 9 contd7 Topics|1 Quiz
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Agricultural Policies3 Topics|1 Quiz
Lesson 8 of 12
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Market Structure I
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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