Across
- 4. The expenses incurred when starting a new business or project.
- 6. Market structure in which a single seller or producer controls the entire supply of a certain product
- 8. The practice of charging different prices to different customers for the same product or service.
- 9. Competing on factors other than price, such as quality or customer service.
- 10. Group of independent market participants who collude with each other
- 11. Large business organization that controls and dominates a particular industry or market
- 15. The combining of two or more companies into a single entity.
- 17. Market structure in which there are many small firms
- 18. The cost advantages that come with large-scale production.
- 19. Market structure in which a small number of large firms dominate the market
- 22. Perfect competition
- 23. The process of removing government regulations from an industry or sector.
- 24. A business model in which a company grants the right to use its name and sell its products or services to independent operators in exchange for a fee.
- 25. The ability of a company to control the prices and/or quantities of goods or services in a given market.
- 26. A raw material or primary agricultural product that can be bought and sold.
Down
- 1. The process of making a product or service unique in order to distinguish it from competitors.
- 2. A set of exclusive rights granted to an inventor or assignee for a limited period of time in exchange for public disclosure of an invention.
- 3. A legal agreement that grants permission to use a particular product, service, or technology.
- 5. An illegal agreement between companies to restrict competition.
- 7. fixing An illegal agreement between companies to set prices for a product or service.
- 9. A situation in which a single company is the most efficient provider of a product or service due to factors such as economies of scale or the need for a large infrastructure.
- 12. war A situation in which companies repeatedly lower their prices to gain market share.
- 13. Any obstacle that makes it difficult for new companies to enter a market.
- 14. A situation in which a single company or group owns all or nearly all of the market for a given type of product or service.
- 16. A situation in which the government is the sole provider of a particular product or service.
- 20. The practice of lowering prices to drive competitors out of business, after which prices are raised again.
- 21. Laws that are designed to prevent monopolies, promote competition, and protect consumers from anti-competitive practices.