A few sellers dominate the market is what?

Many sellers sell similar products is what type of competition?

A large group of suppliers who produce the same good is called what?

A market controlled by one supplier is called what?

The situations that make starting a firm in a particular industry difficult is defined as _______.

Which two items would be legal protection for inventors and creators.

Two market structures that are most present in the United States?

Why must we have competition?

True or False: Monopolies are legal in the US.

True or False: Antitrust laws broke up ATT into several companies.

True or False: Public interest allows for some monopolies to form and be legal.

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