Profit in perfect competition (HL only)

IB Economics: Profit in perfect competition (HL only)

Your students will already have learnt to draw demand curves in the first part of the course but they will also need to practise drawing the unique demand curve for a perfectly competitive firms. Something that IB students will sometimes confuse is that many will remember that while firms perfectly competition will make normal profits only, in the short run all levels of profit are possible − normal profit, abnormal...


To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.