WASSCE Economics · Markets, Demand & Supply
The Firm
Types of business organisations, sole proprietorship, partnership, companies, and cooperatives.
- lessons
- 2
- of study
- 17 min
- free to read
- 1
Across the topic: 9 sections · 1 diagram
Topic content
Lessons in this topic
2 lessons · 17 min
- 1Firms, industries and types of business organisation10 minFree10 minFree
- 2Scale of production: economies and diseconomies of scale7 min Plan7 min Plan
- Scale of production
- Economies of scale
- Diseconomies of scale
- Why small firms survive
1 diagram
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More in Markets, Demand & Supply
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- 01DemandMeaning of demand, the demand schedule, the demand curve, and factors that shift demand.1What demand is and the law of demandFree2Determinants of demand, shifts and types of demand7 min 2 lessons 14 min
- 02SupplyMeaning of supply, the supply schedule, the supply curve, and factors that shift supply.1What supply is and the law of supplyFree2Determinants of supply, shifts and types of supply7 min 2 lessons 14 min
- 03Price Determination and Market EquilibriumHow demand and supply together determine price, equilibrium, and the effect of price controls.1Equilibrium price, surpluses and shortagesFree2Shifts in equilibrium and price controls9 min 2 lessons 15 min
