Across
- 2. A producer who has enough market power to influence prices
- 4. a person or thing that eats or uses something.
- 6. a for-profit business
- 8. a country or state
- 9. the activity or condition of striving to gain or win something
- 10. an organisation or a person's regular occupation, profession, or trade.
- 14. - comp. imperfect competition
- 15. a person who makes a purchase.
- 19. money received
- 20. the state of having paid work.
- 23. merchandise or possessions.
- 24. a person who sells something.
Down
- 1. substance that is manufactured or refined for sale.
- 3. ability to avoid wasting materials, energy, efforts, money, and time
- 4. the payment of a specified sum before it can be acquired or done.
- 5. a part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute.
- 7. an exclusive possession or control of a supply/trade
- 11. replacement of a use or product
- 12. a system supplying a public need
- 13. the state of a country or region in terms of the production and consumption of goods and services and the supply of money
- 16. he city or town that functions as the seat of government and administrative centre of a country or region
- 17. an advantage or profit gained from
- 18. a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
- 21. a situation in which two suppliers dominate the market for a commodity or service.
- 22. a market is shared by a small number of producers or sellers.