topic 4

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Across
  1. 5. a market that runs efficiently when one large firm provides all the output
  2. 8. the expenses a new business must pay befor it starts producing
  3. 9. two company's join to make one
  4. 11. a product that such as mild or pettoleum
  5. 14. any factor that makes it difficult for a new firm to enter the market
  6. 15. a way to attract customers
Down
  1. 1. laws that encourage competition
  2. 2. illegal agreement among firms
  3. 3. many company's that sell a similar product but not identical
  4. 4. few large firms that dominate a market
  5. 6. a market in which a single seller dominates
  6. 7. a license that gives the inverter exclusive right
  7. 10. removal of government controls on market
  8. 12. agreement among firms to change price
  9. 13. a government issued right to operate a business