DP Economics

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Last exams 2021 » Section 1: Microeconomics » 1.5 Theory of the firm and market structures (HL only) » Oligopoly

Oligopoly

Description

[N/A]

Directly related questions

18N.1.HL.TZ0.2a: Explain why prices tend to be relatively rigid in oligopolistic markets.
18N.1.HL.TZ0.2a: Explain why prices tend to be relatively rigid in oligopolistic markets.
18N.1.HL.TZ0.a: Explain why prices tend to be relatively rigid in oligopolistic markets.
18N.1.HL.TZ0.2b:
Discuss whether an oligopolistic firm should collude rather than compete.
18N.1.HL.TZ0.2b:
Discuss whether an oligopolistic firm should collude rather than compete.
18N.1.HL.TZ0.b:
Discuss whether an oligopolistic firm should collude rather than compete.
21M.3.HL.TZ0.3a: Outline how a concentration ratio might be used to identify an oligopoly.
21M.3.HL.TZ0.3a: Outline how a concentration ratio might be used to identify an oligopoly.
21M.3.HL.TZ0.a: Outline how a concentration ratio might be used to identify an oligopoly.

Sub sections and their related questions

[N/A]

None

Assumptions of the Model

21M.3.HL.TZ0.3a: Outline how a concentration ratio might be used to identify an oligopoly.
21M.3.HL.TZ0.3a: Outline how a concentration ratio might be used to identify an oligopoly.
21M.3.HL.TZ0.a: Outline how a concentration ratio might be used to identify an oligopoly.

Game theory

None

Open/formal collusion

18N.1.HL.TZ0.2b:
Discuss whether an oligopolistic firm should collude rather than compete.
18N.1.HL.TZ0.2b:
Discuss whether an oligopolistic firm should collude rather than compete.
18N.1.HL.TZ0.b:
Discuss whether an oligopolistic firm should collude rather than compete.

Tacit/informal collusion

None

Non-collusive oligopoly

18N.1.HL.TZ0.2a: Explain why prices tend to be relatively rigid in oligopolistic markets.
18N.1.HL.TZ0.2b:
Discuss whether an oligopolistic firm should collude rather than compete.
18N.1.HL.TZ0.2a: Explain why prices tend to be relatively rigid in oligopolistic markets.
18N.1.HL.TZ0.2b:
Discuss whether an oligopolistic firm should collude rather than compete.
18N.1.HL.TZ0.a: Explain why prices tend to be relatively rigid in oligopolistic markets.
18N.1.HL.TZ0.b:
Discuss whether an oligopolistic firm should collude rather than compete.