- Emphasise that short run costs are the same for all types of business whereas revenue differs according to market structure.
- Ss read "Introduction to market structure" https://mail.google.com/mail/?shva=1#inbox/126f57253d6d3870
- Further information from PPP about market structures https://mail.google.com/mail/?shva=1#inbox/126f573d98d55386
- Students complete table exercise about market structure https://mail.google.com/mail/?shva=1#inbox/126f5757e49031ad
- From PPP, go through Assumptions of PC