Concepts: Monopoly, Natural Monopoly, Conglomerate Merger, Elasticity, Inelastic, Competitive Market, Oligopoly, Monopolistically Competitive Market,

Which concept that we will study will be most useful in my life as a consumer? Why?

Which concept that we will study could be most useful in my life as a voter on economic issues? Why?

Which issue in microeconomics is likely to unresolved after the course? That is: what will I still not understand well because microeconomics doesn’t have a very good answer? Why?

Answer rating: 100% (QA)

1 It is the elasticity concept that is most important from the point of view of consumers because it ... View the full answer