Different Types of Market Structures

Unit 3: Microeconomics Visual 3.1

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 Marginal Product and Marginal Cost

Unit 3: Microeconomics Visual 3.2

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Total Fixed, Total Variable, and Total Costs

Unit 3: Microeconomics Visual 3.3

National Council on Economic Education http://apeconomics.ncee.net
 Average Fixed, Average Variable and
Average Costs

Unit 3: Microeconomics Visual 3.4

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 The Perfectly Competitive Firm and
Industry in Short-Run Equilibrium

Unit 3: Microeconomics Visual 3.5

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 Profit, Loss and Shutdown

Unit 3: Microeconomics Visual 3.6

National Council on Economic Education http://apeconomics.ncee.net
 The Perfectly Competitive Firm in
Long-Run Equilibrium

Unit 3: Microeconomics Visual 3.7

National Council on Economic Education http://apeconomics.ncee.net
 How an Increase in Demand Changes
Long-Run
Equilibrium for the Firm and Industry

Unit 3: Microeconomics Visual 3.8

National Council on Economic Education http://apeconomics.ncee.net
How a Decrease in Demand Changes Long-
Run
Equilibrium for the Firm and Industry

Unit 3: Microeconomics Visual 3.9

National Council on Economic Education http://apeconomics.ncee.net
 Price and Marginal Revenue for a
Monopolist

Unit 3: Microeconomics Visual 3.10

National Council on Economic Education http://apeconomics.ncee.net
 The Profit-Maximizing Position of a
Monopoly

Unit 3: Microeconomics Visual 3.11

National Council on Economic Education http://apeconomics.ncee.net
 Short-Run and Long-Run Equilibrium
for a Monopolistic Competitor
Short-Run Profits Short-Run Losses

Long-Run Equilibrium

Unit 3: Microeconomics Visual 3.13

National Council on Economic Education http://apeconomics.ncee.net