Across
- 3. cost expenditure incurred by the producer to promote sales.
- 5. refers to the place where producers or firms operate
- 6. firms under monopolistic competition are also called as.
- 7. few firmsselling a product so that there is intense competition among them.
- 8. single buyer of the product who is not in competition with other buyers.
- 9. when a producer sells the same product to different buyers at different prices.
Down
- 1. large number of buyers and sellers dealing with homogeneous products. Characterised by free entry and exit.
- 2. goods which are easily used for each other and available at nearly the same price.
- 4. firm cannot have influence on the market price.
- 8. exists only single seller of the product which has no close substitues