These interactive flashcards help IB Economics students Standard Level (SL) and Higher Level (HL) quickly review and memorize the essential definitions, formulas, and terms needed for success in IB Exams. Each card focuses on 2.11.2 Monopoly - single or dominant firm, high barriers to entry, no close substitutes and is aligned with the IB Economics syllabus, ensuring focused revision on microeconomics, macroeconomics, and international trade. Students can test themselves anytime, anywhere, perfect for reinforcing tricky concepts, learning IB terminology, and committing formulas to memory. By using RevisionDojo's flashcards consistently, learners turn repetition into mastery and enter the exam with confidence.