Contrast the pricing and output decisions of firms in pure
Contrast the pricing and output decisions of firms in pure competition, monopolistic competition, oligopoly, and monopoly with reference to quantity produced, price, marginal revenue, marginal cost, demand and average total cost.
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Discuss why oligopolists have a strong incentive to collude and to cheat on collusive agreements and discuss the obstacles to collusion among oligopolistic companies.
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Explain the relationship between the price of a resource and the quantity demanded of that resource with reference to supply, demand, and derived demand.
Define marginal product, marginal revenue, value of marginal product (VMP), the marginal revenue product (MRP) of a resource and explain the relation between MRD and demand for that resource.
Write a VBA function that receives a gauge pressure and barometric pressure and then returns the absolute pressure. Have the function check whether the barometric pressure is zero
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