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Prep Packages for the CFA® Program offered by AnalystPrep (study notes, video lessons, question bank, mock exams, and much more): Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unli... Level I: https://analystprep.com/shop/cfa-leve... Level II: https://analystprep.com/shop/learn-pr... Level III: https://analystprep.com/shop/cfa-leve... Prep Packages for the FRM® Program: FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimite... Topic 2 – Economics Learning Module 1 – The Firm and Market Structures LOS : Determine and interpret breakeven and shutdown points of production, as well as how economies and diseconomies of scale affect costs under perfect and imperfect competition. LOS : Describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly. LOS : Explain supply and demand relationships under monopolistic competition, including the optimal price and output for firms as well as pricing strategy. LOS : Explain supply and demand relationships under oligopoly, including the optimal price and output for firms as well as pricing strategy. LOS : Identify the type of market structure within which a firm operates and describe the use and limitations of concentration measures.