Vocab- kylie

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Across
  1. 5. An illegal activity in which a business charges different customers
  2. 7. A market structure in which there are relatively few sellers, and industry leaders
  3. 9. to people.
  4. 11. resulting in little choice for the customer
  5. 13. products for about the same price to many buyers; also known as pure competition
  6. 15. A type of market structure in which a lot of businesses sell similar
  7. 16. The rivalry between two or more businesses to attract scarce customer dollars.
  8. 17. A federal regulation intended to prevent specific business actions that might
  9. 18. the risk of harm caused by human mistakes, dishonesty, or another risk that is
  10. 21. An illegal agreement that forbids customers from buying goods and services from competitors.
  11. 23. A federal regulation that established a regulatory agency, the
  12. 25. Using minimum amounts of resources to the best advantage.
  13. 28. Rivalry between or among businesses that offer dissimilar goods or services.
  14. 29. A market structure in which there are many businesses selling a lot of
  15. 30. The type of market, or environment, in which businesses operate.
Down
  1. 1. A federal regulation intended to protect competitors from takeovers that would limit competition.
  2. 2. Rivalry between or among businesses that offer similar types of goods or services
  3. 3. a risk that presents the chance of loss but no opportunity for gain
  4. 4. A type of rivalry between or among businesses that focuses on the use of
  5. 6. prices for similar amounts and types of products
  6. 8. that have only a few differences.
  7. 10. competition.
  8. 12. Trade Commission (FTC), to monitor business activities in order to prevent unfair
  9. 14. A type of rivalry between or among businesses that involves factors
  10. 19. Illegal business agreement in which businesses agree on prices of their goods or
  11. 20. determine prices
  12. 22. A type of market structure in which a market is controlled by one supplier, and there
  13. 24. A risk-response strategy that involves choosing not to do something that is considered risky.
  14. 26. no substitute goods or services readily available.
  15. 27. than price
  16. 29. to attract scarce customer dollars