Across
- 5. a market that runs efficiently when one large firm provides all the output
- 8. the expenses a new business must pay befor it starts producing
- 9. two company's join to make one
- 11. a product that such as mild or pettoleum
- 14. any factor that makes it difficult for a new firm to enter the market
- 15. a way to attract customers
Down
- 1. laws that encourage competition
- 2. illegal agreement among firms
- 3. many company's that sell a similar product but not identical
- 4. few large firms that dominate a market
- 6. a market in which a single seller dominates
- 7. a license that gives the inverter exclusive right
- 10. removal of government controls on market
- 12. agreement among firms to change price
- 13. a government issued right to operate a business