Across
- 3. a monopoly created by the government
- 7. a product that is the same
- 8. an agreement among firms to divide the market
- 9. a Forman organization of procedures
- 10. the ability of a company to change prices
- 13. like a cartel , an illegal grouping of companys that discourage
- 14. a market that runs more efficiently
- 17. a market structure in which a few large firms dominate a market
- 18. a series of competitive price cuts that lower the market
- 19. an agreement among firms to charge are price
Down
- 1. any factor that makes it difficult for a new firm to enter a market
- 2. the right to sell a good or a service with in an exclusive market
- 4. market dominated by single seller
- 5. combination of the two or more companies
- 6. market structure that a large firm al produce same objects
- 11. a license that gives the inventor a new product the exclusive right
- 12. selling a product below cast to drive competitor
- 15. expensese a firm must pay before it can begin to produce and sell
- 16. a government issued right to own a business