A2 M3 Lesson 7 Perfect Competition Revenue

  1. Explanation of method of deriving conditions pc by economists
  2. Go through assumptions using PPP          https://mail.google.com/mail/?shva=1#inbox/1274d30eb2dd3eda
  3. Activity - tear off hints and individual then team then one by one practice assumptions of pc   https://mail.google.com/mail/?shva=1#inbox/1274d31e850030dd
  4. Back to PPP - info about revenue
  5. Why D=AR
  6. Why D curve is perfectly elastic for pc firm
  7. Why AR=MR for pc firm
  8. Look at pc curves
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