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Video tutorials - Economics: Introductory Microeconomics - Forms of Market and Price Determination (Central Board of Secondary Education (CBSE))

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shaalaa.com | Price Determination Part 1

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Price Determination Part 1 [00:21:29]
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Forms of Market and Price Determination
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  • Perfect competition - Features; Determination of market equilibrium and effects of shifts in demand and supply.
  • Other Market Forms - monopoly, monopolistic competition, oligopoly - their meaning and features.
  • Simple Applications of Demand and Supply: Price ceiling, price floor.
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