Vocab- kylie

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Across
  1. 1. Rivalry between or among businesses that offer dissimilar goods or
  2. 6. A type of market structure in which a market is controlled by one supplier, and there
  3. 7. competition (e.g., tying agreements and exclusive agreements)
  4. 11. A federal regulation intended to protect competitors from
  5. 12. A federal regulation that established a regulatory agency, the
  6. 17. prices for similar amounts and types of products
  7. 18. A type of rivalry between or among businesses that involves factors
  8. 19. An illegal activity in which a business charges different customers
  9. 21. A type of rivalry between or among businesses that focuses on the use of
  10. 23. resulting in little choice for the customer
  11. 24. no substitute goods or services readily available
  12. 25. that have only a few differences
  13. 26. A risk-response strategy that involves choosing not to do something that is
  14. 28. the risk of harm caused by human mistakes, dishonesty, or another risk that is
  15. 30. The rivalry between two or more businesses to attract scarce customer dollars
  16. 31. than price (e.g., customer services, modern facilities, trained personnel, and variety of
  17. 32. determine prices
Down
  1. 2. risky
  2. 3. An illegal agreement that forbids customers from buying goods and
  3. 4. A type of market structure in which a lot of businesses sell similar
  4. 5. A market structure in which there are many businesses selling a lot of
  5. 8. Using minimum amounts of resources to the best advantage
  6. 9. that would limit competition
  7. 10. Trade Commission (FTC), to monitor business activities in order to prevent unfair
  8. 13. Rivalry between or among businesses that offer similar types of goods or
  9. 14. A market structure in which there are relatively few sellers, and industry leaders
  10. 15. from competitors
  11. 16. A federal regulation intended to prevent specific business actions that might
  12. 19. to attract scarce customer dollars
  13. 20. products for about the same price to many buyers; also known as pure competition
  14. 22. fixing Illegal business agreement in which businesses agree on prices of their goods or
  15. 27. to people
  16. 29. The type of market, or environment, in which businesses operate