Some market structures are dominated by large firms, often competing against only a few other firms. Prices in such markets may be higher than they would be in more competitive markets.
Standard detail
3.
Benchmark
Depth 1Parent ID: 153C59D2D113416086CE5C5B45C59287Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 3.
- List ID
- 3.
- Standard ID
- B9C3EFFE0C55402CBC14017506F45C11
- ASN identifier
- S2604754
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 153C59D2D113416086CE5C5B45C59287
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US