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Economics Grade 11 Unit 2: MARKET STRUCTURE AND THE DECISION OF FIRMS INTRODUCTION

national exam questions have come from this unit. It runs 34 pages; one careful study pass takes about 2.1 hours, and its difficulty is moderate among Economics units. Each section below lists the questions set from it, with the year, and opens the page that teaches it.

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2.1 Review of Market Structures · read p. 35
Not asked in a national paper yet.
2.2 Perfect Competition Market · read p. 35
Not asked in a national paper yet.
2.2.1 Demand, Revenue and Cost Curves · read p. 36
Not asked in a national paper yet.
2.2.2 The Short-Run Equilibrium of Firm · read p. 36
Not asked in a national paper yet.
2.2.3 Short Run Supply Curve of a Firm · read p. 44
Not asked in a national paper yet.
2.2.4 Long run-equilibrium of Firm · read p. 45
Not asked in a national paper yet.
2.3 Pure Monopoly Market · read p. 47
Not asked in a national paper yet.
2.3.1 Demand, Revenue and Cost under Monopoly · read p. 47
Not asked in a national paper yet.
2.3.2 Short-run equilibrium under Monopoly · read p. 50
  • 2018 E.C., Q43 – Short-run equilibrium of the monopolist is a point where
2.3.3 Price Discrimination under Monopoly · read p. 53
Not asked in a national paper yet.
2.4 Monopolistic Competition Market · read p. 55
Not asked in a national paper yet.
2.4.1 Product Differentiations and the Demand Curve · read p. 56
Not asked in a national paper yet.
2.4.2 Costs under Monopolistic Competition · read p. 58
Not asked in a national paper yet.
2.4.3 Short- run Equilibrium under Monopolistic Competition · read p. 59
Not asked in a national paper yet.
2.4.4 The Concept of Industry and Product Group · read p. 60
Not asked in a national paper yet.
2.5 Oligopoly Market · read p. 60
Not asked in a national paper yet.
2.5.1 Collusive Oligopoly · read p. 61
Not asked in a national paper yet.
2.5.2 Non-collusive Oligopoly · read p. 62
Not asked in a national paper yet.