Across
- 1. of scale a proportion of cost gained
- 6. limited competition where market is shared by few
- 7. removal of restrictions
- 10. price competition instead of competing they promote
- 11. laws The Sherman Act, the Federal Trade Commission Act,
- 12. competition when many companies offer similar products
- 14. war where sellers cut prices in attempt to increase their shar e
- 16. gives owner the right to exclude others using
- 17. to entry barrier that prevents business startup
- 18. pricing pricing goods so low other suppliers cant compete
Down
- 2. raw material or primary agricultural product
- 3. secret or illegal cooperation or conspiracy
- 4. monopoly tap water
- 5. method of distributing involving a franchisor
- 8. combination of two things
- 9. association meant to maintain high prices
- 13. discrimination selling strategy based on what a consumer agrees with
- 15. up cost money needed to start business