Economics 1.4

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Across
  1. 3. Selling a product below cost for a short period of time to drive competitors out of the market.
  2. 4. The combination of two or more firms competing in the same market with the same good or service.
  3. 5. The practice of contracting with another company to do a specific job that would otherwise be done by a company’s own workers.
  4. 6. An unofficial barrier that sometimes prevents women and minorities from advancing to the top ranks of organizations that are dominated by men.
  5. 9. A business combination merging more than three businesses that produce unrelated products or services.
Down
  1. 1. The process of constituting a company, city, or other organization as a legal corporation.
  2. 2. Laws that encourage competition in the marketplace.
  3. 7. A legal entity, or being, owned by individual stockholders, each of whom has limited liability for the firm’s debts.
  4. 8. The merger of two or more firms involved in different stages of producing the same good or service.
  5. 10. The movement of some of a company’s operations, or resources of production, to another country.