Compare and differentiate the 4 basic characteristics of monopolistic competitive markets and oligopoly markets

Chapter 9

1. Compare and differentiate the 4 basic characteristics of monopolistic competitive markets and oligopoly markets (Refer to Table 9.1)

2. Provide your own real examples of monopolistic competitive and oligopoly markets, and explain how these firms are price makers.

Chapter 10

5. Illustrate the 3 degrees of price discrimination with your own real examples.

Chapter 11

4. Do you think the Prisoner’s Dilemma game is relevant for managerial decisions?

please reference the book

Managerial Economics: Economic Tools, 7th EditionBy: Keat, Paul G., Young, Philip K., Erfle, Stephen E.
ISBN: 978-0-13-302026-7

Requirements: 5 pages

Masters Economics

Book login attached

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