Across
- 4. if a singal firm can serve that market at a lowe cost than any other firms
- 5. a condition which the losses that the owners may incur are limited to the amount of capital invested
- 6. where the is only one seller in the market
- 7. depicts how firms are differentiated and categorised based on goods
- 11. when all companies sell identical products
- 13. a consumer's desire to purchase goods
- 15. goods bought and used by consumers
- 18. an unincorporated business that is owned by one individual
- 19. amount of money giving for a good or service
Down
- 1. a market with many firms that sell good and services
- 2. the total amount of a specific good or service that is available to consumers
- 3. a full legal responsilillty that business owners and partners assume for all business debts
- 8. graphic representation od the relationship between product price and quantity of product that a seller is welling and able to supply
- 9. any structure that allows buyers and sellers to exchange goods
- 10. a product that is directly related with the use of another product
- 12. are factors that may cause changes in or affect the supply of a product in the marketplace.
- 14. a arrangement between two or more people to oversee business operations
- 16. a market characterized by a small number of firms who realize they are interdependent in their pricing.
- 17. a graphic representation of the relationship between product price and the quantity
- 18. a security that represents the ownership of a fraction of a corporation.