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Oligopoly

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Advanced placement Microeconomics (Imperfect Competition ) Mind Map on Oligopoly, created by Ashley Hay on 17/03/2016.
Ashley Hay
Mind Map by Ashley Hay, updated more than 1 year ago
Ashley Hay
Created by Ashley Hay about 8 years ago
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Resource summary

Oligopoly
  1. advertising to influence info
    1. product differentiation
      1. few dominant firms
        1. interdependence of firms
          1. "game theory"
          2. barriers to entry (weaker than monopolistic comp.
            1. reason oligopolies occur (along with mergers)
            2. ex: cereal, airlines, television service
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