alaina BF10 2.05B/C Vocabulary
Across
- 4. A market structure in which there are relatively few sellers, and industry leaders usually determine prices
- 8. A federal regulation that prohibits price discrimination
- 11. The type of market, or environment, in which businesses operate
- 12. A type of rivalry between or among businesses that focuses on the use of
- 14. prices for similar amounts and types of products
- 16. Rivalry between or among businesses that offer dissimilar goods or services
- 17. A federal regulation intended to prevent specific business actions that might restrict competition
- 18. to attract scarce customer dollars
- 19. A type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available
- 20. An illegal agreement requiring a customer to buy other products in order to obtain desired goods and services
- 21. Using minimum amounts of resources to the best advantage
Down
- 1. Rivalry between or among businesses that offer similar types of goods or
- 2. A federal regulation intended to protect competitors from takeovers that would limit competition
- 3. A type of market structure in which a lot of businesses sell similar
- 5. The rivalry between two or more businesses to attract scarce customer dollars
- 6. An illegal activity in which a business charges different customers
- 7. the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
- 9. A risk-response strategy that involves choosing not to do something that is considered risky
- 10. a situation in which either profit or loss is possible
- 13. An illegal agreement that forbids customers from buying goods and services from competitors
- 15. that have only a few differences