Monopsony & Perfectly Competitive Factor Markets

**AP©, Advanced Placement Program©, and College Board© are registered trademarks of the College Board, which was not involved in the production of, and does not endorse, this material. IB is a registered trade mark of International Baccalaureate Organization which was also not involved in the production of and does not endorse this material.**

I would like to acknowledge the work of Dick Brunelle and Steven Reff from Reffonomics.com whose work inspired many of the review games on this site. I would also like to thank Francis McMann, James Chasey, and Steven Reff who taught me how to be an effective AP Economics teacher at AP summer institutes; as well as the countless high school teachers, and college professors from the AP readings, economics Facebook groups, and #econtwitter.

ReviewEcon.com

Factor Markets: Perfectly Competitive and Monopsony