Imperfect Competition

Monopoly, monopolistic competition, oligopoly, and game theory

This section contains 2 topics with 0 subtopics, 10 practice problems and 20 flashcards. Each topic includes comprehensive written notes, worked examples with detailed solutions, and interactive lessons for hands-on practice.

Topics Covered

• Monopoly — Barriers to entry, price-making, MR < P, deadweight loss, natural monopoly, and price discrimination
• Monopolistic Competition & Oligopoly — Product differentiation, excess capacity, oligopoly models, game theory, and Nash equilibrium

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