Chapter 11: Micro Flashcards
1
Q
Cartel
A
297
2
Q
Cooperative outcome
A
294
3
Q
Excess capacity
A
291
4
Q
Excess costs
A
291
5
Q
Explicit collusion
A
297
6
Q
Game theory
A
292
7
Q
Interindustry trade
A
281
8
Q
Intraindustry trade
A
281
9
Q
Monopolistic competition
A
279
10
Q
Nash equilibrium
A
294
11
Q
Noncooperative outcome
A
294
12
Q
Oligopoly
A
279
13
Q
Payoff matrix
A
293
14
Q
Price leader
A
297
15
Q
Prisoner’s dilemma
A
293
