BBA

Fundamentals of Microeconomics, Level B

Explain firm producer, behavior, market structures and the different forms of competition

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We are currently reviewing underlying agreements with the content developers responsible for this course. Currently, this Competency is not available.

1

Production Functions and Calculating Optimal Levels of Production, Costs, and Profits

Demonstrate an understanding of how firms use production functions and calculate their optimal level of production, costs, and profits.

2

How Firms Interact in Competitive, Monopolistic, and Oligopolistic Markets

Understand how firms interact in competitive, monopolistic, and oligopolistic markets.

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