A comparison of monopoly and perfect competition? (HL only)

IB Economics: A comparison of monopoly and perfect competition? (HL only)

This lesson compares monopoly and perfect competition and asks which offers greater benefits to any society? Much of the response to this will depend on personal opinion but IB students should be aware that both structures enjoy advantages over the other. I will sometimes encourage my IB classes to use this part of the syllabus as a focus for part of their internal assessment. Relevant articles might include one focused...

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