Across
- 1. No rivals nearby to compete.
- 3. A single seller dominates the entire market.
- 4. Side perks that come with the main benefit.
- 5. Most competitive type of market.
- 6. One firm holds all the tech or rights.
- 7. Where trade happens in secret or against the law.
- 9. Government limits how much you can buy.
- 12. What you give up when you choose one option over another
- 13. Sellers respond quickly to price changes.
- 15. Costs directly linked to the production of a good or service
- 17. Government-imposed price cap.
- 18. Too many buyers, not enough goods.
- 22. You buy it no matter the price—necessities, for example.
- 28. Quantity offered stays steady no matter the price.
- 29. Buyers change habits a lot when prices rise or fall.
- 30. Immediate and measurable positive results.
- 31. Can’t set its own prices—just follows the market.
- 32. Non-physical costs like loss of reputation
Down
- 2. Many sellers, slightly different products.
- 8. Costs not directly traceable to a product (e.g., utilities)
- 10. One firm runs it best—usually due to infrastructure.
- 11. A decision-making tool that weighs pros and cons.
- 14. The lowest legal price you can charge.
- 16. Edges that help beat the competition.
- 19. Only Uncle Sam gets to sell it.
- 20. Competing without changing the price.
- 21. Unseen gains like goodwill or job satisfaction.
- 23. Has control over what it charges.
- 24. Too much product, not enough buyers.
- 25. Just a few companies control most of the market.
- 26. Costs that do not change with the level of production
- 27. Costs that rise as you produce more goods