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Green University Of Bangladesh
Perfect competitive market
Presented By
Name Student ID
Tasdid Alam 201002157
Mafuj Ahmed Bishal 201002158
Mahedi Hasan 201002149
Presented To
Adeeba Khan Ahona,
Lecturer,
Green University Of Bangladesh
Agenda
 Fundamental About Market.
 Perfect market analysis.
 Firm output decision process in the perfect market
Page 01
Fundamental of market
• What is a market?
• Types of market.
• What is a perfect market?
• Characteristics of a perfect market.
Page 02
Perfect market analysis
• Why is a firm price taker in perfect competition?
• What will happen if the price ups and down?
supply
demand
quantity
price
Market price
Page 03
If a firm sells higher price
Market price
Higher price
$5
$7
Page 04
If firm sells lower price
$3
$5
price
Firm price
Market price
Page 05
Firm output decision process
Total revenue total cost approach
Marginal revenue
Maximizing profit
Page 06
Thank you!

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Perfect Market.pptx

  • 1. Green University Of Bangladesh Perfect competitive market Presented By Name Student ID Tasdid Alam 201002157 Mafuj Ahmed Bishal 201002158 Mahedi Hasan 201002149 Presented To Adeeba Khan Ahona, Lecturer, Green University Of Bangladesh
  • 2. Agenda  Fundamental About Market.  Perfect market analysis.  Firm output decision process in the perfect market Page 01
  • 3. Fundamental of market • What is a market? • Types of market. • What is a perfect market? • Characteristics of a perfect market. Page 02
  • 4. Perfect market analysis • Why is a firm price taker in perfect competition? • What will happen if the price ups and down? supply demand quantity price Market price Page 03
  • 5. If a firm sells higher price Market price Higher price $5 $7 Page 04
  • 6. If firm sells lower price $3 $5 price Firm price Market price Page 05
  • 7. Firm output decision process Total revenue total cost approach Marginal revenue Maximizing profit Page 06