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| ideal market structure where buyes consumers and sellers compete directly under laws of supply and demand |
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| someone who purchases or consumes a good |
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| the producer of a good or service |
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| market in which single seller excersises exclusive or nearly exclusive control over a particular good or service |
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| market in which many producers offer a similar-but not identical- good or service |
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| point out something that distinguishes an item from similar items |
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| comepete on basis other than price |
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| few large sellers control the market |
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| setting a price for its product |
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| aggressively undercut each others prices |
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| secretly agree to production prices |
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| sellers scale to use capital human and other resources |
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| monopoly on common house hold items |
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| product where a single producer dominates due to new technology |
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| letss them produce things |
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| gives someone right to publish things |
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| monitor and regulate big buissnesses |
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| monopoly on common house hold items |
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| product where a single producer dominates due to new technology |
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| letss them produce things |
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| gives someone right to publish things |
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| monitor and regulate big buissnesses |
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