- In this topic, students will be introduced to imperfect competition. They’ll learn about monopolistic competition and oligopoly, about their characteristics are and about how they differ from perfect competition and monopoly. They’ll also focus on the importance of the key features of monopolistic competition, product differentiation and advertising; and the key features of oligopoly, mutual interdependence, collusion and the game-theoretic approach to strategy.
- Community College / Lower Division, College / Upper Division
- Material Type:
- Ohio Open Ed Collaborative
- Date Added:
- Creative Commons Attribution Non-Commercial
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