Market structure
A market structure allows buyers and sellers to ________ good/ services.
exchange
What is an economic incentive?
financial motivation for people take take a certain action.
An oligopoly is an example of _________ competition.
Imperfect
What are the 5 different types of incentives?
credits
subsidies
grants
stock options
profit sharing
A monopoly requires one seller to have at least __% control over a particular product
75%
fines and fees are examples of _____
negative incentives
what are 6 types of monopoly?
natural
government
tech
antitrust
geographic
what are 4 industries/ goods that have incentives
solar panels
electric vehicles
farming
pharmaceuticals