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Unit Plan

University of North Carolina: Perfect Competition

Curated by ACT

This site shows cost curves for a firm in a perfectly competitive market, and has an interactive graph to show what their profit margin is at various levels of production.

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Additional Tags
market structure, perfect competition, price taker, e.f.6 competition among sellers lowers costs and prices, and encourages producers to produce more of what consumers are willing and able to buy. compe, economic profit, university of north carolina: perfect competition
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional
  • This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information