InThinking Subject Sites

Subscription websites for IB teachers & their classes

Find out more


Sitemap
Recommendations
Other subjects
Brochure

Disclaimer: InThinking subject sites are neither endorsed by nor connected with the International Baccalaureate Organisation.

Student access tools
 You need to log-in or subscribe in order to use Student access.

Monopoly and perfect competition short answer questions

1. Fill in the following table in order to compare monopoly and perfect competitionMarket characteristicsMonopolyPerfect CompetitionaLong-run level of profitsAbnormal profitNormal profitbPrice setting ability and output level(Yes) price makers(No) price takerscProductively efficientNoYes in the long run

To access the contents of this site, you must subscribe.