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Unit: Imperfect competition

AP Micro:
PRD (BI)
,
PRD‑3 (EU)

0

Possible mastery points
AP Micro:
PRD (BI)
,
PRD‑3 (EU)
,
PRD‑3.B (LO)
,
PRD‑3.B.1 (EK)
,
PRD‑3.B.2 (EK)
,
PRD‑3.B.3 (EK)
,
PRD‑3.B.4 (EK)
AP Micro:
PRD (BI)
,
PRD‑3 (EU)
,
PRD‑3.B (LO)
,
PRD‑3.B.8 (EK)
,
PRD‑3.B.9 (EK)
Level up on the above skills and collect up to 320 Mastery points
Level up on the above skills and collect up to 240 Mastery points
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Unit test

Level up on all the skills in this unit and collect up to 700 Mastery points!

About this unit

In real life, markets are almost never perfect! Explore how firms behave in imperfectly competitive markets such monopolies and oligopolies, and how tools like game theory can predict firm behavior in imperfect markets.
AP® is a registered trademark of the College Board, which has not reviewed this resource.