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Card 6

Front

Define small market share?

Back

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Card 7

Front

Define ignore other firms?

Back

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Card 8

Front

Define collusion impossible?

Back

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Card 9

Front

Define a differentiated product?

Back

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Card 10

Front

Define quality?

Back

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Card 11

Front

Define price?

Back

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Card 12

Front

Define entry (economic profit)?

Back

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Card 13

Front

Define exit (economic loss)?

Back

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Card 14

Front

What are the two key differences between monopolistic competition and perfect competition?

Back

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Card 15

Front

Define excess capacity?

Back

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