Lecture Issues in economics today - Chapter 6: Perfect competition, monopoly, and economic vs. normal profit
Lecture Issues in economics today - Chapter 6: Perfect competition, monopoly, and economic vs. normal profit
After completing this unit, you should be able to: Define the basic vocabulary of macroeconomics; describe how the economy is measured; describe how gross domestic product, our national measure of output, is calculated; calculate inflation using a price index;...