Key Terms

Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.

Question

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

Monopolist, p. 241

Monopoly, p. 241

Market power, p. 242

Barrier to entry, p. 243

Natural monopoly, p. 243

Patent, p. 245

Copyright, p. 245

Oligopoly, p. 253

Oligopolist, p. 253

270

Imperfect competition, p. 253

Duopoly, p. 254

Duopolist, p. 254

Collusion, p. 254

Cartel, p. 254

Noncooperative behavior, p. 256

Public ownership, p. 260

Price regulation, p. 260

Antitrust policy, p. 261

Tacit collusion, p. 262

Price war, p. 263

Monopolistic competition, p. 264

Product differentiation, p. 265