Firms and business

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Across
  1. 1. Market _____ is the ability of a firm to influence market prices or output levels.
  2. 4. Economics of _____ is a situation where the cost per unit of output decreases as the scale of production increases
  3. 7. A type of growth that occurs through merges and strategic partnerships
  4. 8. A type of firm which is owned and controlled by a government
  5. 9. ______ intensive industries often use workers to increase production
Down
  1. 1. A type of firm which is owned and controlled by individuals or groups
  2. 2. The amount of money a firm earns from selling its goods or services.
  3. 3. A type of growth that occurs through increasing production
  4. 5. _______ intensive industries often use machines to increase production
  5. 6. A situation where a single firm dominates an entire market and has significant market power