By the end of this section, you will be able to:

Explain how classical conditioning occurs
Summarize the processes of acquisition, extinction, spontaneous recovery, generalization, and discrimination

The Principles of Microeconomics course was developed through the Ohio Department of Higher Education OER Innovation Grant. This work was completed and the course was posted in December 2019. The course is part of the Ohio Transfer Assurance Guides and is also named OSS004. For more information about credit transfer between Ohio colleges and universities, please visit: www.ohiohighered.org/transfer.Content ContributorsKen Fah                                             Ohio Dominican UniversityJohn Fiske                                         Ohio Dominican UniversityJoe Nowakowski                                Muskingum UniversityLibrarianNathan Wolfe                                     Kenyon CollegeReview TeamMolly Cooper                                     Ohio State University Subbu Kumarappan                          Ohio State University ATI 

This topic presents an evaluation of the effect on competition of scale economies, and acquisitions and mergers.  It also covers methods of measuring market concentration as well as a discussion of possible policy measures designed to limit the damage from concentration.