3. $100 $400 $300 $200 $400 $200 $100$100 $400 $200$200 $500$500 $300 $200 $500 $100 $300 $100 $300 $500 $300 $400$400 $500

4. Business Organizations

5. Government Regulation

6. Types of Monopolies

7. Market Structures

8. Vocabulary

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

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

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

12. C 1 - $300 Corporation that has manufacturing or service operations in a number of countries

13. C 1 - $400 A government document that gives permission to create a corporation

14. C 1 - $500 In a limited partnership an inactive partner has this for the business's debts

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

16. C 2 - $200 Enforces antitrust laws, price fixing and other deceptive practices

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

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

19. C 2 - $500 Outlawed Price Discrimination

20. C 3 - $100 A monopoly owned and operated by the government like water service

21. C 3 - $200 Costs are minimized by single firm producing the product

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

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

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

25. C 4 - $100 Large number of buyers and sellers of identical products

26. C 4 - $200 Situation in which a few large companies dominate the market

27. C 4 - $300 When a major car company lowers it’s prices other car makers will probably…

28. C 4 - $400 This market structure has the least competition

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

30. C 5 - $100 Non-cash charge a company takes for the general wear and tear on its capital goods

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

32. C 5 - $300 Price paid for the use of another’s money

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

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

35. C 1 A - $100 partnerships $

36. C 1 A - $200 SoleProprietorship $

37. C 1 A - $300 Multinational $

38. C 1 A - $400 Charter $

39. C 1 A - $500 $ Limited Liability

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

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

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

43. C 2 A - $400 Sherman Antitrust Act $

44. C 2 A - $500 Clayton Antitrust Act $

45. C 3 A - $100 GovernmentMonopoly $

46. C 3 A - $200 NaturalMonopoly $

47. C 3 A - $300 GeographicMonopoly $

48. C 3 A - $400 TechnologicalMonopoly $

49. C 3 A - $500 Economies of Scale $

50. C 4 A - $100 PerfectCompetition $

51. C 4 A - $200 Oligopoly $

52. C 4 A - $300 Lower their prices $

53. C 4 A - $400 Monopoly $

54. C 4 A - $500 $ImperfectCompetition

55. C 5 A - $100 depreciation $

56. C 5 A - $200 $NonpriceCompetition

57. C 5 A - $300 Interest $

58. C 5 A - $400 $Externality

59. C 5 A - $500 $laissez-faire

61. competition $ FJ Topic

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

63. FJ Ans $ Product differentiation

64. END OF GAME