Chp 7 Vocab

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Chp 7 Vocab

Perfect Competition

Commodity

Deregulation

Merger

Imperfect Competition

Monopoly

Government Monopoly

Patent

Franchise

Oligopoly

Barriers to entry

Cooperation/Collusion

Price War

Price Fixing

Trust

Cartels

Predatory Pricing

Monopolistic Competition

differentiation

Nonprice competition

Anti Trust Laws