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9 Cards in this Set
- Front
- Back
- 3rd side (hint)
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President who made "trust-busting" a priority of his administrations?
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Theodore Roosevelt or William Howard
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Prisident of the 1990's
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What act was designed to monitor and regulate big business, prevented monopolies from forming, and dismantle existing monopolies?
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The Antitrust Legislation Act
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Against treachery
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What economic philosophy opposes government intervention in the market?
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Laissez-faire
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Is not Lazy
It doesn't have an a faire either |
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This is a market structure which one seller controls al production of a good or service?
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Monopoly
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Is not one gun
and is not a polygon |
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What economic term is used for the amount of a good and service that a consumer is willing and able to buy at various posible prices?
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Demand
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although it sounds like a diamond is not one
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Wich Market Structures has a few large sellers control most of the production of a good or a service?
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Oligopoly
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Is not Olive Garden
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Economic term for a quantity of goods and services that producers are willing and able to offer at verious posible prices?
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Supply
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Is like supplying material for a community work
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What ocures when the quantity supplied and the quantity demanded for a product are equal at the same price?
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Market Equilibrium
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It has a market
with some equilibrium and balance |
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Economic term for having a series of price reductions that may become so drastic that each seller involved suffers considerable losses?
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Price War
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Is a War between a price of excellence
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