Sean's BF10 2.05B/C Vocabulary

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Across
  1. 3. An illegal agreement that forbids customers from buying goods and services from competitors
  2. 5. A type of market structure in which a lot of businesses sell similar
  3. 7. Rivalry between or among businesses that offer similar types of goods or
  4. 9. A market structure in which there are relatively few sellers, and industry leaders usually determine prices
  5. 10. A federal regulation intended to prevent specific business actions that might restrict competition
  6. 13. Using minimum amounts of resources to the best advantage
  7. 14. that have only a few differences
  8. 16. The type of market, or environment, in which businesses operate
  9. 17. A federal regulation that prohibits price discrimination
  10. 19. A federal regulation intended to protect competitors from takeovers that would limit competition
  11. 21. A type of rivalry between or among businesses that focuses on the use of
Down
  1. 1. An illegal activity in which a business charges different customers
  2. 2. The rivalry between two or more businesses to attract scarce customer dollars
  3. 4. a situation in which either profit or loss is possible
  4. 6. A type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available
  5. 8. to attract scarce customer dollars
  6. 11. the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
  7. 12. Rivalry between or among businesses that offer dissimilar goods or services
  8. 15. An illegal agreement requiring a customer to buy other products in order to obtain desired goods and services
  9. 18. prices for similar amounts and types of products
  10. 20. A risk-response strategy that involves choosing not to do something that is considered risky