Unit 4: Imperfect Competition - AP Microeconomics

/ Unit 4: Imperfect Competition

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You’ll learn how imperfectly competitive markets work and how game theory comes into play in economic models.

Question Difficulty:

Question	Difficulty	Students Solved
Product Differentiation in Imperfect Competition	easy	12
Characteristics of an Oligopoly	easy	13
Market Exit In Monopolistic Competition	medium	12
Nash Equilibrium in an Oligopoly	medium	16
Nash Equilibrium in a Duopoly	easy	12
Homogeneous Products in Perfect Competition	easy	12
Price Ceiling in Monopolistic Competition	hard	17
Subsidies and Allocative Efficiency	hard	13
Allocative Inefficiency in Monopolistic Competition	medium	12
Characteristics Of An Oligopoly	easy	15
Natural Monopoly Price Regulation	medium	11
Incentives for Oligopolistic Collusion	easy	10
Collusion in an Oligopolistic Market	easy	7
Characteristics of a Monopoly	easy	13
Advertising and Demand in Monopolistic Competition	medium	10
Characteristics of Market Structures	easy	12
Comparing Perfect and Monopolistic Competition	medium	8
Opportunity Cost of Advertising	easy	10
Firm Control Over Price	easy	10
Brand Loyalty in Monopolistic Competition	medium	11

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Rank	User	Correct Count	Attempt Count	Time	Score
#1	jcbaird17	157	181	3m 00s	15,280
#2	e11102akshara	140	169	0m 00s	13,710
#3	jsm31665	60	80	0m 00s	5,800
#4	bhaavaarth	50	72	19m 45s	3,595
#5	haydenfung7	36	50	0m 13s	3,447
#6	prishaprishaprisha	47	68	27m 08s	2,862
#7	105159patrickbasketball	26	32	0m 00s	2,540
#8	mousajad2223	18	20	0m 00s	1,780
#9	Ishaan.m.kurup	18	28	0m 00s	1,700
#10	sadira.ouyang	17	17	0m 00s	1,700

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