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Card 16

Front

What are the 5 barriers to entry associated with a monopoly?

Back

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Card 17

Front

What are the 2 barriers to exit associated with a monopoly?

Back

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Card 18

Front

What are the sources of monopoly power?

Back

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Card 19

Front

What is an oligopoly?

Back

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Card 20

Front

What are the features of an oligopoly?

Back

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Card 21

Front

What is a concentration ratio?

Back

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Card 22

Front

What is interdependence?

Back

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Card 23

Front

What is a cartel?

Back

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Card 24

Front

Why do cartels tend to breakdown?

Back

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Card 25

Front

What are the 3 conditions that will make the cartel more likely to stay?

Back

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