Examples
Monopoly
Characteristics
100
Airline ticket prices
What is price discrimination.
100
The two utility companies on the monopoly board.
What is waterworks and electric.
100
A single firm owns a key resource
What is a barrier to entry
200
Waste Management Inc.
What is a natural monopoly.
200
You get this much when you "pass go"
What is $200
200
The ability to influence the market price of the product it sells.
What is market power.
300
Copyrights and patents.
What is barriers to entry.
300
There are this many red properties.
What is 3.
300
Selling the same good at different prices to different buyers.
What is price discrimination.
400
The only hospital in Price, UT.
What is a geographical monopoly.
400
The amount of money that each player starts with.
What is $1500
400
Laws designed to maintain competition and prevent monopolies.
What is anti-trust law.
500
Zion's National Park
What is a government monopoly.
500
The names of the 4 railroads.
What are -Pennsylvania Railroad -Reading Railroad -Shortline Railroad -B.& O. Railraod
500
An industry in which it is most efficient for production to be concentrated in a single firm.
What is a natural monopoly.
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