This video covers topic 4.5 of the AP Microeconomics Course Exam Description (CED). It goes over the qualities of the oligopoly market structure and provides a detailed explanation of how to solve Game Theory Pay-off Matrix questions.

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I would like to acknowlege the work of Dick Brunelle and Steven Reff from Reffonomics.com who’s work inspired many of the review games on ReviewEcon.com. I would also like to thank Francis McMann, James Chasey, and Steven Reff who taught me how to be an effective AP Economics teacher at AP summer institutes; as well as the countless high school teachers, and college professors from the AP readings, economics facebook groups, and #econtwitter.