Economic Theory and the Market · Contemporary

Market Structures

Comparing perfect competition, monopolies, oligopolies, and monopolistic competition.

Key Questions

  1. 1Why are monopolies usually considered harmful to consumers?
  2. 2How do oligopolies like Canadian telecommunications affect pricing?
  3. 3What role does branding play in monopolistic competition?

Ontario Curriculum Expectations

ON: The Individual and the Economy - Grade 11ON: Market Operations - Grade 11
Grade: Grade 11
Subject: Canadian & World Studies
Unit: Economic Theory and the Market
Period: Contemporary

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