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CHAPTER 10

CHAPTER 10. Oligopoly. OBJECTIVES. Explain how managers of firms that operate in an oligopoly market can use strategic decision-making to maintain relatively high profits Understand how the reactions of market rivals influence the effectiveness of decisions in an oligopoly market.

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Pricing the iPod

Pricing the iPod. iPod Demand and Revenue Table. iPod Demand and Marginal Revenue curves. iPod Demand and Marginal Revenue curves. iPod Price and Profits with Marginal Cost of $100. Marginal cost of $100. iPod Price and Profits with Marginal Cost of $50.

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380 views • 25 slides

Cournot Duopoly

Cournot Duopoly. Here we study a special type of market structure - two firms. Say we have a market where the demand in the market is P = 100 - 2Q (graph on next slide).

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314 views • 12 slides

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100 2q - PowerPoint PPT Presentation

CHAPTER 10

Pricing the iPod

Cournot Duopoly