Curated OER
Pure Monopoly
In this Pure Monopoly worksheet, students complete a table and graphs, make calculations and predictions, and answer several questions in short answers.
Curated OER
Chapter 23: Pure Competition
Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...
Curated OER
Share Economy At Work
Students examine Share Economy. In this economic studies lesson, students complete worksheets, watch videos, and have group/class discussions on the benefits and attributes of a share economy.
Curated OER
Costs of the Individual Firm
In this Costs of the Individual Firm worksheet, students answer questions, create graphs, and predict outcomes of various scenarios with variables.
Other
Notes for Chapter 3: (Marginal Product)
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Rice University
Principles of Economics: Regulating Natural Monopolies
This section from an Economics textbook explains why natural monopolies are allowed and how those monopolies can be regulated, usually by government, so that both companies and consumers are dealt with fairly.
Robert Schenk, PhD
Monopolistic Competition
An example problem is given that shows how monopolistic competition works. Also an explanation of the model of monopolistic competition is given.
Robert Schenk, PhD
Cyber Economics: Marginal Productivity and Income
Site provides a good description of the concept of "marginal productivity" along with other related terms such as marginal costs, marginal revenue product, and derived demand.
Stefan Warner and Steven R. Costenoble
Finite Mathematics & Applied Calculus: The Definite Integral: Algebraic Approach and the Ftc
Learners learn how to evaluate the definite integral using an algebraic approach and the Fundamental Theorem of Calculus. Topics examined are the antiderivative, substitution technique, and marginal cost. The tutorial explores the...
Palomar Community College District
Palomar College: Lesson 1: Production Costs
This lesson provides a good outline for a unit on the study of "production costs". Charts and graphs are provided to help understand a firm's cost curves, and at what level of production they should produce.
Sophia Learning
Sophia: Making Decisions
Notes and a video clip provide students with an introduction to the idea of marginal analysis and of how consumers and producers make decisions.
Khan Academy
Khan Academy: Short Run Production Costs: Foundational Concepts
Practice what you have learned about the difference between marginal cost, average variable cost, and fixed costs in this four-question exercise.
Department of Defense
Do Dea: Marginal Cost, Marginal Revenue
Business applications of derivatives are widely used. Marginal revenue, cost, and profit functions that you can find by taking the respective derivatives of revenue, cost, or profit would provide very valuable information to a business....
Curated OER
The Labor Market
This site provides a good description of the concept of "marginal productivity" along with other related terms such as marginal costs, marginal revenue product, and derived demand.
Curated OER
Real Wage Depends on Mp
This site provides a good description of the concept of "marginal productivity" along with other related terms such as marginal costs, marginal revenue product, and derived demand.
Curated OER
Mrp = Mr X Mp
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Downward Sloping Mp Curve Diagram
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Demand Curve, Mr, and Ar Curves Under Alternative Output Markets
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Downward Sloping Mrp Curve Diagram
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Horizontal W=mfc Curve
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Mrp and Mfc Curves Together
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Mrp and Mfc Curves Together
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Mrp, S, and Mfc Curves for a Monopsonist
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Curated OER
Mrp, S, and Mfc Curves for a Monopsonist
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.