Questions and Topics We Can Help You To Answer:
Paper Instructions:

Assessment Requirement:
1.    Explain the importance and various types of “Imperfect Competition” to businesses, and discuss the factors responsible for the creation of market structures.
2.    Using the case-let facts, analyse the cost, revenue and profit relationships under a monopoly, and assess the profit maximizing behaviour of a monopolist.
3.    Sketch MAKS Services Limited’s TR, MR, ATC, TC and MC on a graph, and highlight the firm’s profit or loss under the condition of imperfect competition.