MIT OpenCourseWare
ᐅ "Why so many cereals?"Professor Jon Gruber explains how companies use product differentiation - such as in the breakfast cereal industry - to maintain profitability in highly competitive markets, in this segment from lecture 14 of Principles of Microeconomics.#Competition #ProductDifferentiation #Monopolies #BreakfastCereal #Economy #Economics #MicroEconomics #ChoiceOverload #CournotModel #BertrandModel #MIT #IntroEconomics #IntroEconomicsCourse
1 month ago | [YT] | 198
MIT OpenCourseWare
ᐅ "Why so many cereals?"
Professor Jon Gruber explains how companies use product differentiation - such as in the breakfast cereal industry - to maintain profitability in highly competitive markets, in this segment from lecture 14 of Principles of Microeconomics.
#Competition #ProductDifferentiation #Monopolies #BreakfastCereal #Economy #Economics #MicroEconomics #ChoiceOverload #CournotModel #BertrandModel #MIT #IntroEconomics #IntroEconomicsCourse
1 month ago | [YT] | 198