Market Structures and Firm Behavior · Term 2

Monopolistic Competition

Studying market structures with many firms offering differentiated products.

Key Questions

  1. Differentiate between perfect competition and monopolistic competition.
  2. Analyze how product differentiation impacts pricing strategies.
  3. Evaluate the trade-offs between variety and efficiency in monopolistically competitive markets.

Ontario Curriculum Expectations

CEE.EE.8.5CEE.EE.8.6
Grade: Grade 12
Subject: Economics
Unit: Market Structures and Firm Behavior
Period: Term 2

Suggested Methodologies

Gallery Walk

Create displays, rotate and critique

30–50 min

Learn more about Gallery Walk

Think-Pair-Share

Individual reflection, then partner discussion, then class share-out

10–20 min

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