Kinked Demand Curve Explained I Oligopoly & Economics

Описание к видео Kinked Demand Curve Explained I Oligopoly & Economics

This short video explains kinked demand curve model of oligopoly and also looks at examples of non-price competition in markets when price stickiness has set in.

#aqaeconomics #ibeconomics #edexceleconomics

VIDEO CHAPTERS
0:00 Introduction
0:11 Characteristics of an Oligopoly
1:27 Oligopoly in Action! UK Petrol Market
4:03 The Kinked Demand Curve - Analysis
5:48 Kinked Demand Curve - The Kink!
5:56 Kinked Demand Curve - The MR Curve
7:14 Kinked Demand Curve - Equilibrium?
7:33 Kinked Demand Curve - Price Rigidity
8:36 Kinked Demand Curve - Overview
9:53 Examples of Non-Price Competition

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