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What is a monopoly? What is a barrier to entry? Give some examples. What is a natural monopoly? What is a legal monopoly? What is

What is a monopoly? What is a barrier to entry? Give some examples. What is a natural monopoly? What is a legal monopoly? What is predatory pricing? What is deregulation? What is a patent? What is a trademark? How is intellectual property different from other property? Is a monopolist a price taker? Explain.

1. What is a monopoly? 2. What is a barrier to entry? Give some examples 3. What is a natural monopoly? 4. What is a legal monopoly? 5. What is predatory pricing? 6. What is deregulation? 7. What is a patent? 8. What is a trademark? 9. How is intellectual property different from other property? 10. Is a monopolist a price taker? Explain briefly

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