Chapter 10: Micro Flashcards
1
Q
Average revenue
A
257
2
Q
Barriers to entry
A
251
3
Q
Contestable market
A
270
4
Q
Market power
A
252
5
Q
Monopoly
A
251
6
Q
Natural monopolies
A
267
7
Q
Price discrimination
A
270
8
Q
Price-cost margin
A
266
9
Q
Price-maker
A
252