Microeconomics  © John Petroff Source: PEOI

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Assignments for Microeconomics Chapter 7

Assignment A-7.1
List and explain the characteristics of oligopoly form of
market. Use examples.

Assignment A-7.2
Outline the various factors which contribute to make an
oligopoly a concentrated and interdependent market.

Assignment A-7.3
Use the kinked demand curve to establish price inflexibility
in oligopoly type markets.

Assignment A-7.4
Outline how a collusive oligopoly acts. Give examples.
Discuss obstacles to its continuing existence.

Assignment A-7.5

Submit assignment

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