Monopolies

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Across
  1. 4. This search engine has monopoly power.
  2. 5. An example of a monopsony in the UK.
  3. 6. Firms with monopoly power are price ------.
  4. 8. This type of monopoly is created in an industry where there are high fixed costs.
  5. 9. A pure -------- is a market with only one firm in it, the firm has 100% market share.
  6. 10. A public good that is an example of a natural monopoly.
Down
  1. 1. Monopoly firms add this to their products to stand out amongst other sellers.
  2. 2. The barriers to entry in a market where a monopoly exists are ----.
  3. 3. Where a single buyer dominates the market.
  4. 7. The type of profit that a monopolist firm generates ( where a firm's total sales revenue exceed the total costs of production).