Oligopoly

Ashley Hay
Mind Map by Ashley Hay, updated more than 1 year ago
Ashley Hay
Created by Ashley Hay about 4 years ago
116
1

Description

Advanced placement Microeconomics (Imperfect Competition ) Mind Map on Oligopoly, created by Ashley Hay on 03/17/2016.

Resource summary

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