Material Detail
Cartel game
ary
In a Microeconomics course students will be broken down into groups and be asked to act as individual firm in an Oligopoly market. They will submit how much of a given good or service they are going to produce in order to maximize profits. The students will be put into a situation where their group will be able to increase their profits by lowering the profits of all the other group members. This game will help illustrate...
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More about this material
- Material Type:
- Drill and Practice
- Date Added to MERLOT:
- January 2, 2023
- Date Modified in MERLOT:
- March 9, 2023
- Author:
- Enrique Valdes, Florida International University
- Submitter:
-
Cathy Swift
- Primary Audience:
- College General Ed, College Lower Division
- Technical Format:
- Website
- Mobile Compatibility:
- Not specified at this time
- Language:
- English
- Cost Involved:
- No
- Source Code Available:
- Unknown
- Creative Commons:
-
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International
