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Java Games: Flashcards, matching, concentration, and word search. |
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| Monopolistic competition | A type of market structure in which a lot of businesses sell similar products that have only a few differences |
| Nonprice competition | A type of rivalry between or among businesses that involves factors other than price (e.g., customer services, modern facilities, trained personnel, and variety of products) |
| Perfect competition | A market structure in which there are many businesses selling a lot of identical products for about the same price to many buyers; also known as pure competition |
| Monopoly | A type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available |
| Price competition | A type of rivalry between or among businesses that focuses on the use of price to attract scarce customer dollars |
| Oligopoly | A market structure in which there are relatively few sellers, and industry leaders usually determine prices |
| Price discrimination | An illegal activity in which a business charges different customers different prices for similar amounts and types of products |
| Market structure | The type of market, or environment, in which businesses operate |
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Business Marketing Teacher, Career Technical Education |
CENTRAL CABARRUS HIGH SCHOOL |
| Concord, NC |
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