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Match it!
Match it! Select the correct answer from the pull down...Good luck!
A market controlled by one supplier is called what?
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
The situations that make starting a firm in a particular industry difficult is defined as _______.
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
Which two items would be legal protection for inventors and creators.
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
A large group of suppliers who produce the same good is called what?
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
True or False: Antitrust laws broke up ATT into several companies.
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
True or False: Public interest allows for some monopolies to form and be legal.
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
A few sellers dominate the market is what?
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
True or False: Monopolies are legal in the US.
copyright and patents
perfect competition
barriers to enter
monopoly
oligopoly
True
False
True
Check it!