Monopoly
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Barriers to entry | show 🗑
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| show | Sometime called organisational slack Not reducing costs to the lowest level – the gap between the actual and lowest possible cost
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| show | A grant of temporary monopoly rights over a new product
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| Copyright | show 🗑
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| Nationalised | show 🗑
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| show | Existing firm(s) in the industry
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| Limit pricing | show 🗑
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| Sunk costs | show 🗑
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| show | A firm with 25% or more of the market share
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| show | A way of distinguishing a product from that of competitors
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| show | Setting the price at the level of marginal cost
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| Average cost pricing | show 🗑
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| show | Reduction in consumer and producer surplus when output is restricted to less than the optimum level
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| Price discrimination | show 🗑
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| show | When the discriminating can charge a separate price to each individual consumer
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| 2nd degree | show 🗑
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| 3rd degree | show 🗑
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
zuigy
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