The Firm and Market Structures · Microeconomics

Oligopoly and Monopolistic Competition

Studying markets with differentiated products and the strategic behavior of a few large firms.

Key Questions

  1. 1How do firms in an oligopoly use non-price competition to gain market share?
  2. 2Why might firms in an oligopoly be tempted to collude on pricing?
  3. 3How does branding create a sense of monopoly power in a competitive market?

Ontario Curriculum Expectations

ON: Market Structures - Grade 10ON: Firm Behaviour - Grade 10
Grade: Grade 10
Subject: Economics
Unit: The Firm and Market Structures
Period: Microeconomics

Suggested Methodologies

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