Economists use the term ______ to refer to the ability of a single person (or a small group) to have a substantial influence on market prices

Fill in the blank(s) with correct word

market power

Economics

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Proponents of a balanced budget amendment to the Constitution argue that it will finally exert discipline on the federal government and so prevent large peacetime deficits. What do the critics argue?

What will be an ideal response?

Economics

The Sherman Antitrust Act of 1890

A. limited mergers that would substantially lessen competition or tend to create a monopoly. B. made tying contracts illegal. C. banned price discrimination. D. made illegal every conspiracy in restraint of trade or commerce among the several states.

Economics