Business and Labor · Microeconomics
Market Structures
Comparing perfect competition, monopolistic competition, oligopoly, and monopoly.
Key Questions
- 1How does the number of sellers in a market affect the price for consumers?
- 2Why might a monopoly lead to inefficiency?
- 3What role should the government play in regulating large corporations?
Ontario Curriculum Expectations
ON: Canadian and World Studies - Grade 9ON: Market Structures - Grade 9
Grade: Grade 9
Subject: Economics
Unit: Business and Labor
Period: Microeconomics
Suggested Methodologies
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