1-2 FILLING

____________ the business practice of selling the same good at different prices to different customers

____________a type of monopoly that arises because a single firm can supply a good or service to an entire market at a lower cost than could two or more firms

______________a firm that is the sole seller of a product without any close substitutes

_______________a person who receives the benefit of a good but avoids paying for it

______________goods that are excludable but not rival in consumption

____________goods that are rival in consumption but not excludable

__________ goods that are neither excludable nor rival in consumption

____________goods that are both excludable and rival in consumption

_____________ the property of a good whereby one person’s use diminishes other people’s use

____________the property of a good whereby a person can be prevented from using it