Cost of society imperfect competition
Cost of society of imperfect competition, use the graph to show the impart competing, don’t only refer to the monopoly, use the generic graft referring to it explain why an imperfect competition there is a loss in economic frequency and where the economic profits persist on the graft, why the production takes place where the profits are maximized. Profits are an indication that the customer whats the goods. Economic profits can not persist, total production of the American economy consist of 70% of the GDP and total production is consumer income and consumer production.
The connection between micro and macroeconomics that the economic profits present.
Employment and economic growth
The connection between micro and macro that goes from the persistence economic profit, explain the connection between micro and macro