Garis besar topik
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In this session, we examine the behavior of competitive firms,You may recall that a market is competitive if each buyer and seller is small compared to the size of the market and, therefore, has little ability to influence market prices. By contrast, if a firm can influence the market price of the good it sells, it is said to have market power. Later we examine the behavior of firms with market power.
1. Powerpoint PPT: https://drive.google.com/file/d/1GcSTzRGiSvJ_ugILFb-Xc0O8mntE9znt/view?usp=sharing
2. Book economics of mankiw- Please read Chapter 14: https://drive.google.com/file/d/1q7uC-ogt-uDPX3lyS56CMOBiqCqCg_f3/view?usp=sharing
4. Video of Youtube:
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