AP Economics – 11/26/18

I.  Bellwork:

A.  Page 641

  1. Explain ADM’s actions.
  2. Explain how fast food companies compete.

II.  Objectives:

  • Explain why oligopolies have an incentive to ac in ways that reduce their combined profit.
  • Explain why oligopolies can benefit from collusion
  • Determine the meaning of words and phrases as they are used in economics

III. Turn in Homework

IV.  Discussion and Notebook

A.  Introduction to Oligopoly Pages 642-646

  • Characteristics of Oligopolies
  • Game Theory
  • Collusion & Competition

V.  Classwork

  • Page 646 Check Your Understanding #1
  • Page 647  Free Response #2

 

 


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow this blog

Get every new post delivered right to your inbox.




Skip to toolbar