Game Theory and Oligopoly: Crash Course Economics #26
Interactive Video
•
English
•
10th Grade
•
Hard
Brandon Lopez
FREE Resource
4 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between oligopolies and monopolistically competitive markets?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain how cartels can have a negative impact on consumers. (Use some of the terms we've studied the past few weeks.)
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
Why might a collusion agreement become unstable and fall apart?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is a 'dominant strategy'?
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