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Drag the tiles to the correct boxes to complete the pairs. Match each economic term with its description?

Drag the tiles to the correct boxes to complete the pairs. Match each economic term-example-1

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Monopoly: There is a single seller in the market

Oligopoly: every company in this market structure is aware of the actions of the other companies (oligopolies are a small number of companies controlling the markets- there are elements of collusion in this structure because the firms work together to control prices and the market)

Perfect Competition: There are no barriers to entry (lots and lots of competing companies that each have a small share of the market)

Collusion: 3 companies secretly enter into a price agreement (this is illegal in many cases)

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