market structures

Edit Answers
12345678910
Across
  1. 3. a licence that gives the inventor of a new product the exclusive right to sell it for a certain period of time
  2. 6. a government issued right to operate a business
  3. 7. a product that is the same no matter who produces it
  4. 9. a market structure that does not meet the conditions of perfect competition
  5. 10. a market that runs most efficiently when one large firm supplies all the outcome
Down
  1. 1. any factor that makes it difficult for a new firm to enter a market
  2. 2. the expenses a firm must pay before it can begin to produce and sell goods
  3. 4. a monopoly created by the government
  4. 5. the right to sell a good or a service within an exclusive market
  5. 8. a market dominated by the single