WARNING:
JavaScript is turned OFF. None of the links on this concept map will
work until it is reactivated.
If you need help turning JavaScript On, click here.
This Concept Map, created with IHMC CmapTools, has information related to: UNIT 1.3, TYPES OF PRODUCTS determining CONSUMER CHOICE, MARKET STRUCTURES that vary by TYPES OF PRODUCTS, FIRMS have OBJECTIVES, COSTS affects ECONOMIES OF SCALE, FIRMS incur COSTS, MARGINALIST PRINCIPLE including LDMR, OBJECTIVES such as SALES MAXIMIZATION, MARKET STRUCTURES that affects EFFICIENCY, MARKET STRUCTURES that vary by LEVELS OF BARRIERS TO ENTRY, OBJECTIVES such as PROFIT MAXIMIZATION, MARKET STRUCTURES that vary by SIZE AND NO. OF FIRMS, FIRMS exist in MARKET STRUCTURES, DECISION based on OBJECTIVES, DECISION using MARGINALIST PRINCIPLE, MARKET STRUCTURES that affects EQUITY, COSTS that can be VARIABLE, LEVELS OF BARRIERS TO ENTRY influences ABILITY TO PRICE DISCRIMINATE, FIRMS generate REVENUE, VARIABLE associated with TIME HORIZON, FIRMS make DECISION