2.05 B/C

2. a type of rivalry between or among businesses that involves factors other than price
4. A risk-response strategy that involves choosing not to do something that is considered risky
8. A federal regulation that established a regulatory agency, the federal trade commission, to monitor business activity to prevent unfair competition
9. The type of market or environment in which, businesses operate
13. Also known as pure competition
14. A federal regulation intended to protect competitors from takeovers that would limit competition
16. a market structure in which there are relatively few sellers, and industry leaders usually determine prices
17. an illegal activity in which business charges different customers different prices for similar amounts and types of products
18. Using minimum amounts of resources to the best advantage
19. The rivalry between two or more businesses to attract scarce customer dollar

1. a type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available
3. A federal regulation intended to prevent business actions that might restrict competition
5. Rivalry between or among businesses that offer dissimilar goods or services
6. A type of rivalry between or among businesses that focuses on the use of price to attract scarce dollars
7. A type of market structure in which a lot of businesses sell similar products that only a few differences
10. Rivalry between or among businesses that offer similar types if goods or services
11. An illegal agreement that forbids customers from buying goods and services from competitors
12. the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
15. illegal business agreement in which businesses agree on the prices of their goods or services, resulting in little to no choice for customer
20. A risk that presents the chance of loss but not opportunity for gain