2.05 Choice Board Oct 7th
Across
- 5. Reduce the chance of loss
- 7. may result in loss, no gain
- 8. The cost of raw materials
- 10. moving risk to someone else
- 11. Money left after cost of goods
- 12. Rivalry, use of Price to get $
- 14. The risk inherit in business
- 16. Rivalry, Offer dissimilar goods
- 20. Gross Profit - Operating Expense
- 21. Also known as Pure Competition
- 22. Income- Expense
- 23. Attract Scarce customer dollars
- 25. Market Structure, few sellers
- 26. Market controlled by an supplier
- 27. The chance to lose to Nature
- 28. Possibility of loss or no loss
Down
- 1. Offer similar types of goods
- 2. Risk result of the economy
- 3. The risk of human life
- 4. Rivalry,factors other than Price
- 6. Money received by producers
- 9. Choosing not to take some risk
- 13. A desire to make a profit
- 15. Monopoly, Limited Control
- 17. Market where business operates
- 18. assuming responsibility risk
- 19. All expenses in a business
- 24. The money that a business spends