Could they ask the price-discriminating monopolist diagram, or the supply curve for perfect competition? Or other weird diagrams like these ones?
Yes they could but I highly doubt monopoly or price discrimination will come up,I would say go over all the graphs for oligopoly and perfect competition 😊
Does anyone have any good notes on price discrimination !! It's the one thing I never manage to explain well
Saraah It's when a firm sell their product/services to different group of consumers at different prices.If that helps...