Honors Econ Unit 2

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Across
  1. 1. Two or more people share responsibility and ownership of a business.
  2. 3. Liability Only the business is responsible for the dept.
  3. 5. A minimal legal price
  4. 8. Proprietorship One person fully owns the business and runs everything.
  5. 9. Both sides rely on each other to function.
  6. 10. A bigger business that legally separate from it's owners.
  7. 11. Liability The owners personal money and property can be taken for business dept.
  8. 12. A few large companies control most of the market.
Down
  1. 1. A maximum legal price
  2. 2. Companies that make or sell products or services to gain profit.
  3. 3. higher prices cause businesses to produce more.
  4. 4. Higher the prices, lower the customers interest in buying.
  5. 6. One company controls the entire market.
  6. 7. Market Where people buy goods and services(ex stores, online shopping, ect)