Unit 3: Theory of the Firm
III. Students should be able to recognize and appreciate the differences in organization and operations that exist within businesses operating in our economy.(Aligns with College Board Standard 2: This course provides instruction in the nature and function of product markets.)

Standard 1:Costs of Production


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Standard 2: Perfect Competition

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Standard 3: Monopoly

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Standard 4: Oligopoly

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Standard 5: Monopolistic Competition

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