More cards in this set

Card 16

Front

In an Oliogopoly what causes an elastic response?

Back

Preview of the front of card 16

Card 17

Front

In an Oliogopoly what causes an inelastic response?

Back

Preview of the front of card 17

Card 18

Front

What positive could be taken from an oliogopoly market?

Back

Preview of the front of card 18

Card 19

Front

What is market failure?

Back

Preview of the front of card 19