Please see the attached52. Match each terms to the descriptions

Match the term to the description OPEC is an example of this type of firm . A valid argument in favor of advertising . A value that measures the percentage of an industry's total output that is produced by the largest few firms A term used to describe when a firm is charging a price equal to MC The attempt by a firm to distinguish its product from the competition using non-price methods The term for a market structure in which there are many firms who sell a differentiated product and have some control over the price of the products they sell The term for an industry which is dominated by a few large firms What is true about both perfectly competitive and monopolistically competitive firms in long-run equilibrium? . A market structure in which producers are identifiable and have some control over price. A market structure in which all buyers and sellers have no control over the price.J Choose... Duopoly Monopolistic competition When a firm is producing an output that equals minimum AC They equate marginal cost and marginal revenue Advertising can lower the prices of products by reducing the firms' average cost through increased output levels Allocative efficiency Monopoly The attempt by a firm to distinguish its product from the competition by charging a different price Perfect Competition Advertising increases the barriers to entry into an industry and thereby enhances competition Imperfect Competition A cartel Concentration ratio Ulianpnlv They produce at minimum average cost They earn economic profits Product differentiation