2.05B/C vocab

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Across
  1. 5. A market structure in which there are many businesses selling a lot of
  2. 6. The rivalry between two or more businesses to attract scarce customer dollars
  3. 7. products for about the same price to many buyers
  4. 8. the risk of harm caused by human mistakes, dishonesty, or another risk that is
  5. 15. a risk that presents the chance of loss but no opportunity for gain
  6. 16. A risk-response strategy that involves trying to reduce the chance of loss or severity of loss
  7. 17. A type of market structure in which a market is controlled by one supplier, and there
  8. 19. to people
  9. 20. no substitute goods or services readily available
  10. 22. A risk-response strategy that involves moving the impact of a risk to someone or
Down
  1. 1. A type of rivalry between or among businesses that involves factors
  2. 2. An illegal activity in which a business charges different customers
  3. 3. A type of rivalry between or among businesses that focuses on the use of
  4. 4. between or among businesses that offer dissimilar goods or services
  5. 9. determine prices
  6. 10. A market structure in which there are relatively few sellers, and industry leaders
  7. 11. prices for similar amounts and types of products
  8. 12. else
  9. 13. A federal regulation intended to prevent specific business actions that might restrict competition
  10. 14. A risk-response strategy that involves assuming responsibility for the risk rather than
  11. 18. than price
  12. 21. to attract scarce customer dollars