Sweep Accounts Interview Question:

Define the Econ-model applications and Monopoly role?

Submitted by: Murtaza

The Econ-model applications Perfect Competition and Monopoly emphasize the roles of average cost and marginal cost curves. The short movie Derive a Supply Curve (40 seconds) shows an excerpt from the Perfect Competition presentation that derives a supply curve from profit maximizing behavior and a marginal cost curve.
Submitted by: Murtaza