3.1 Business growth
3.2 Business objectives
3.3 Revenues, costs and profits
- 3.3.1 Revenue
- 3.3.2 Costs
- 3.3.3 Economies and diseconomies of scale
- 3.3.4 Normal profits, supernormal profits and losses
3.4 Market structures
- 3.4.1 Efficiency
- 3.4.2 Perfect competition
- 3.4.3 Monopolistic competition
- 3.4.4 Oligopoly
- 3.4.5 Monopoly
- 3.4.6 Monopsony
- 3.4.7 Contestability
3.5 Labour market
- 3.5.1 Demand for labour
- 3.5.2 Supply of labour
- 3.5.3 Wage determination in competitive and non-competitive markets
3.6 Government intervention