Across
- 1. Market _____ is the ability of a firm to influence market prices or output levels.
- 4. Economics of _____ is a situation where the cost per unit of output decreases as the scale of production increases
- 7. A type of growth that occurs through merges and strategic partnerships
- 8. A type of firm which is owned and controlled by a government
- 9. ______ intensive industries often use workers to increase production
Down
- 1. A type of firm which is owned and controlled by individuals or groups
- 2. The amount of money a firm earns from selling its goods or services.
- 3. A type of growth that occurs through increasing production
- 5. _______ intensive industries often use machines to increase production
- 6. A situation where a single firm dominates an entire market and has significant market power