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Presentation on theme: "$100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500."— Presentation transcript:

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2 $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500

3 Business Organizations

4 Government Regulation

5 Types of Monopolies

6 Market Structures

7 Vocabulary

8 Business Organizations Government Regulation
Types of Monopolies Market Structures Vocabulary $ $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500

9 type of business organization in
C 1 - $100 The least common type of business organization in the U.S.?

10 C 1 - $200 A business owned and operated by one person

11 Corporation that has manufacturing or service operations in a number
of countries

12 A government document that gives permission to create a corporation

13 In a limited partnership an inactive partner has this for the
business's debts

14 C 2 - $100 Enforces purity, effectiveness and truthful labeling of food, drugs, and cosmetics

15 Enforces antitrust laws, price fixing and other deceptive practices

16 C 2 - $300 Regulates the sale of stocks, bonds, and securities

17 C 2 - $400 outlawed restraints and monopolies that hindered trade

18 C 2 - $500 Outlawed Price Discrimination

19 A monopoly owned and operated by the government like water service

20 Costs are minimized by single firm producing
the product

21 C 3 - $300 Market structure where one firm has a monopoly because of it’s location

22 C 3 - $400 Monopoly based on ownership or control of a manufacturing method, process, or other scientific advance

23 C 3 - $500 Justification for a natural monopoly that a larger firm can be more efficient

24 buyers and sellers of identical products
Large number of buyers and sellers of identical products

25 companies dominate the market
Situation in which a few large companies dominate the market

26 When a major car company lowers it’s
prices other car makers will probably…

27 This market structure has the least competition

28 C 4 - $500 Monopolistic competition, oligopoly, and monopoly are characterized as this

29 Non-cash charge a company takes for the general wear and
tear on its capital goods

30 C 5 - $200 Sales strategy focusing on a product’s image, quality or design rather than price

31 Price paid for the use of another’s money

32 C 5 - $400 Unintended side effect of some economic activity

33 Philosophy that government should
C 5 - $500 Philosophy that government should not interfere with business activities

34 C 1 A - $100 partnerships $

35 C 1 A - $200 Sole Proprietorship $

36 C 1 A - $300 Multinational $

37 C 1 A - $400 Charter $

38 C 1 A - $500 Limited Liability $

39 C 2 A - $100 Food and Drug Administration ( FDA ) $

40 C 2 A - $200 Federal Trade Commission ( FTC) $

41 Securities and Exchange Commission
C 2 A - $300 Securities and Exchange Commission ( SEC ) $

42 C 2 A - $400 Sherman Antitrust Act $

43 C 2 A - $500 Clayton Antitrust Act $

44 C 3 A - $100 Government Monopoly $

45 C 3 A - $200 Natural Monopoly $

46 C 3 A - $300 Geographic Monopoly $

47 C 3 A - $400 Technological Monopoly $

48 C 3 A - $500 Economies of Scale $

49 C 4 A - $100                                               Perfect Competition $

50 C 4 A - $200 Oligopoly $

51 C 4 A - $300 Lower their prices $

52 C 4 A - $400 Monopoly $

53 C 4 A - $500 Imperfect Competition $

54 C 5 A - $100 depreciation $

55 C 5 A - $200 Nonprice Competition $

56 C 5 A - $300 Interest $

57 C 5 A - $400 Externality $

58 C 5 A - $500 laissez-faire $

59

60 FJ Topic competition $

61 FJ Question Real or imagined differences between competing products in monopolistic competition $

62 Product differentiation
FJ Ans Product differentiation $

63 END OF GAME


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