Oligopoly
Help!
|
|
||||
|---|---|---|---|---|---|
| Oligopoly | show 🗑
|
||||
| show | Where a few large firms have the majority of the market share
🗑
|
||||
| Predatory pricing | show 🗑
|
||||
| Integration | show 🗑
|
||||
| show | Where actions by one firm will have an effect on the sales and revenue of other large firms in the market
🗑
|
||||
| show | Where firms competitively lower prices to increase their market share
🗑
|
||||
| Reactive behaviour | show 🗑
|
||||
| show | A theoretical approach that tries to analyse the reasons for price stability in oligopoly
🗑
|
||||
| show | A measure indicating the degree to which consumers will purchase a firms’ product rather than a competing firms’ product
🗑
|
||||
| Discontinuous MR curve | show 🗑
|
||||
| show | An analysis of how games players react to changing circumstances and plan their response
🗑
|
||||
| show | Where a gain by one player is matched by a loss by another player
🗑
|
||||
| Risk averse | show 🗑
|
||||
| Collusion | show 🗑
|
||||
| Prisoners’ dilemma | show 🗑
|
||||
| Nash equilibrium | show 🗑
|
||||
| Restrictive agreements | show 🗑
|
||||
| show | Where firms agree to max shared rather than their individual profits
🗑
|
||||
| Cartel | show 🗑
|
||||
| Price leader | show 🗑
|
||||
| Barometric price leadership | show 🗑
|
||||
| Parallel pricing | show 🗑
|
||||
| show | Where firms have reached an ‘agreement’ as to each other’s behaviour as a result of repeated observations over time
🗑
|
||||
| show | The time and money spent by businesses in changing their prices in line with inflation
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
zuigy
Popular Economics sets