Chapter 13: Monopolistic Competition and Oligopoly
Important Concepts from Chapter 13
Characteristics of Monopolistic Competition
Product Differentiation
Comparing Monopolistic Competition to Perfect Competition and Monopoly
Advertising in Monopolistic Competition
Excess Capacity
Characteristics of Oliogpoly
Kinked Demand Curve Model
Dominant Firm Oligopoly
Game Theory
Prisoner's Dilemma
Duopoly Game
Nash Equilibrium
Graphs Explained by an Economist

Profits in the Short Run
Price and Output in the Long Run
Excess Capacity
Advertising

Duopoly Game Explained
Collusion
Cheating
Activities from SI

Oligopoly Notes

Game Theory Activity


Sample Test Questions
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