Case Study: Cost Theory and Market Structures

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IE code
EC1-137-I
Language
English
Format
PDF
Nr. Of Pages
3
Type of publication
Case Study

Instructor support

A Teaching Note is available for this material.

Description

This case presents students with exercises to put into practice economic concepts such as market structures, elasticity, supply and demand curves. Students are asked to calculate cost and revenues values, and then use these values to construct market structure models. It is a useful case to use in introductory economics courses because of its practical nature.