monopoly, monopolistic competition

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Across
  1. 2. – The money a firm spends to produce goods or services.
  2. 6. – Money a firm earns from selling its goods or services.
  3. 8. – The total amount of goods or services a firm produces.
  4. 9. – A measure of how much demand or supply changes when price changes.
  5. 10. – Producing goods in the best possible way without wasting resources.
Down
  1. 1. – A market where many firms sell similar or identical products.
  2. 3. – A way firms inform or persuade customers to buy their products.
  3. 4. – The money a firm keeps after subtracting all costs from total revenue.
  4. 5. – A market with one seller and no close substitutes.
  5. 7. – The point where demand equals supply in a market.