Chapter 4

Modeling Markets

What does a highly competitive market look like? What causes monopolies to form? How do businesses decide how much to produce?

Practice Questions

This video goes over the solutions to the questions at the end of the chapter. Be sure you've finished all practice questions before watching.

Chapter Quiz

Take this quiz once you've read the chapter and worked through the practice questions. You may consult your notes and book during the quiz.

Click Here to begin.