Across
- 1. a type of market structure in which a market is controlled by one supplier
- 5. a financial gain
- 7. risks: the possibility of loss or failure that occurs as a result of the economy.
- 9. competition: occurs between or among businesses that offer dissimilar good or service.
- 10. of goods: money that business spends.
- 11. profit: money left after cost of goods and operating expenses are taken out of income.
- 13. competition: competing on a basis other than prices to attract scarce customer dollars.
- 15. a market structure in which there are relatively few sellers and industry leader
- 16. profit: money left after cost of goods is taken out of income.
- 18. a risk response involving choosing not to do something that is consider risky
- 19. structure: the type of market or environment in which the business operates.
Down
- 2. competition: a market structure in which there are many businesses selling a lot of identical products.
- 3. competition: using prices to attract scarce customer dollars.
- 4. risks: the possibility of loss or failure from human error
- 6. competition:
- 8. expenses: all the expenses involved in running a business.
- 9. The money received by resource owners and by producers for supplying goods and services to customers
- 12. money that business spends
- 14. risk: lose it all or make a fortune.
- 17. risks: the possibility of loss or failure from nature
