Many of these concepts may be new to you as students. The homework will mostly be definitions or short answer to help you understand the topics. Define the following terms: Non Sequitur - a conclusion or statement that does not logically follow from the previous argument or statement. Monopsony - a market situation in which there is only one buyer. Pejorative - expressing contempt or disapproval. Vacuous - having or showing a lack of thought or intelligence; mindless. Acquiescence - the reluctant acceptance of something without protest. Deus Ex Machina - an unexpected power or event saving a seemingly hopeless situation, especially as a contrived plot device in a play or novel.