Perfect Competition Crossword

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Across
  1. 4. Businesses in perfect competition are usually this size.
  2. 5. A market structure with many buyers and sellers and identical products.
  3. 6. New ideas, technology, or improvements in products and services.
  4. 7. A situation where it is easy for new firms to enter a market because there are low ______ to entry.
Down
  1. 1. Efficiency gained through improving production methods and technology over time.
  2. 2. The level of how good a product or service is.
  3. 3. The type of efficiency achieved when resources are allocated to what consumers want most.