Micro: Unit 4.8 -- Oligopolies скачать в хорошем качестве

Micro: Unit 4.8 -- Oligopolies

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: Review the key characteristics of oligopolies Discuss how oligopolistic firms are "price makers" Explain why oligopolistic firms use non-price competition Investigate how oligopolists are inefficient in the long-run Describe how high barriers to entry make it difficult for firms to enter and exit the industry Analyze how oligopolistic firms earn economic profits in the long-run Define collusion Define game theory and explain how it is used to predict the strategies of colluding oligopolies Investigate the price leadership model of oligopoly Describe how a breakdown in price leadership can lead to a price war between non-colluding oligopolies Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/P... Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram --   / youwillloveh.  . Facebook --   / youwilllovehi.  . Subscribe to our YouTube Channel:    / youwillloveeconomics   Check out our website for teaching tips and insight from us- https://sites.google.com/view/you-wil...