Business, 13.01.2021 16:50 pollywallythecat

Match these items. Match the definitions to the correct words. 1. Equilibrium Price 2. Externalities 3. Market share 4. Minimum wage 5. Monopoly 6. Oilgopoly 7. Perfect competition

A. Market structure with a few sellers who produce either identical or differentiated products

B. Unintended consequences

C. Market structure with many sellers who produce identical products

D. Price at which quantity supplied equals quantity demanded

E. Lowest amount of money that an employer can pay a person for working

F. Market structure with one single seller, who produces a good or service with no close substitutes

G. Part of total sales held by one seller

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