Random Fact

As of 1/ 1/14, www.inflateyourmind.com had more than 150,000 unique visitors, including more than 45,000 from countries outside the United States. Among foreign countries, India had the 2nd highest number of visitors, followed by the UK, Malaysia, the Philippines, Canada, Pakistan, Australia, and Poland. 

Unit 8: Monopolistic Competition and Oligopoly

Introduction
Section 1: Characteristics of a Monopolistically Competitive Industry
Section 2: Short-Run and Long-Run Profit Maximization for a Firm in Monopolistic Competition
Section 3: Characteristics of an Oligopoly Industry
Section 4: Oligopoly and Game Theory
Test Your Knowledge!