{"id":16533,"date":"2018-11-28T23:18:16","date_gmt":"2018-11-29T04:18:16","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16533"},"modified":"2018-11-29T10:58:14","modified_gmt":"2018-11-29T15:58:14","slug":"ap-economics-11-29-18","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2018\/11\/28\/ap-economics-11-29-18\/","title":{"rendered":"AP Economics &#8211; 11\/29\/18"},"content":{"rendered":"<p>I.\u00a0 Bellwork<\/p>\n<ul>\n<li><strong>Pages 657 #2 2a, b, &amp; c<\/strong><\/li>\n<\/ul>\n<p><strong>II.\u00a0 Objectives:<\/strong><\/p>\n<ul>\n<li>Discuss the legal constraints of antitrust policy<\/li>\n<li>Explain how repeated interactions among oligopolists can result in collusion in the absence of any formal agreement<\/li>\n<li>Explain the cause and effect of price wars, product differentiation, price leadership, and nonprice competition<\/li>\n<li>Describe the importance of oligopoly in the real world<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Oligopolies in Practice Pages 658-666<\/strong><\/p>\n<h1><a href=\"https:\/\/www.youtube.com\/watch?v=EVhPR4G8zus\"><b>A.\u00a0 The History of Anti-Trust Laws<\/b><\/a><\/h1>\n<p>B.\u00a0 <b><a href=\"https:\/\/www.youtube.com\/watch?v=z_YWYktxLKc\"> Tacit Collusion<\/a> and Price Wars<\/b><\/p>\n<ol>\n<li><b> Large Numbers<\/b><\/li>\n<li><b> Complex Products and Pricing Schemes<\/b><\/li>\n<li><b> Differences in Interests<\/b><\/li>\n<li><b> Bargaining Power of Buyers<\/b><\/li>\n<\/ol>\n<p><b>C. Nonprice Competition and Price Leadership<\/b><\/p>\n<ul>\n<li>product differentiation<\/li>\n<li>advertising<\/li>\n<li>branding<\/li>\n<\/ul>\n<p><strong>IV.\u00a0 Classwork: \u00a0Page 665<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><b>A.\u00a0 Check Your Understanding 1a-e<\/b><\/p>\n<p style=\"padding-left: 30px;\"><b>B.\u00a0 On iLearn:\u00a0 <\/b>Module 66 Oligopoly in Practice<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork Pages 657 #2 2a, b, &amp; c II.\u00a0 Objectives: Discuss the legal constraints of antitrust policy Explain how repeated interactions among oligopolists can result in collusion in the absence of any formal agreement Explain the cause and effect of price wars, product differentiation, price leadership, and nonprice competition Describe the importance of oligopoly [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":["post-16533","post","type-post","status-publish","format-standard","hentry","category-ap-economics"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=16533"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16533\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}