Back to Course
SS2: ECONOMICS - 2ND TERM
0% Complete
0/0 Steps
-
Economic System | Week 15 Topics|1 Quiz
-
Labour Market I | Week 24 Topics|1 Quiz
-
Labour Market II | Week 34 Topics|1 Quiz
-
Elementary Treatment of Utility | Week 44 Topics|1 Quiz
-
Price Determination I | Week 55 Topics|1 Quiz
-
Price Determination II | Week 63 Topics|1 Quiz
-
Price Determination III | Week 6 contd5 Topics|1 Quiz
-
Market Structure I | Week 73 Topics|1 Quiz
-
Market Structure II | Week 86 Topics|1 Quiz
-
Industries in Nigeria | Week 94 Topics|1 Quiz
-
Industries in Nigeria | Week 9 contd7 Topics|1 Quiz
-
Agricultural Policies | Week 103 Topics|1 Quiz
Lesson 9 of 12
In Progress
Market Structure II | Week 8
Performance Objectives:
By the end of this lesson, you should be able to:
- Define imperfect market
- List the types of imperfect market
- Explain the concept of monopoly and its characteristics
- Discuss the advantages and disadvantages of monopoly
- Explain the price and quantity determination under monopoly
- Highlight the characteristics of monopolistic market
Responses