Across
- 1. excess total revenue
- 5. risk possibility that changes in macroeconomic conditions will negatively impact a company or investment.
- 7. complete control by one business or person
- 8. two or more businesses offer different products or services and compete for the same market to satisfy the same customer need
- 10. perfect competition, monopolistic competition, oligopoly, and monopoly
- 13. what you pay or spend
- 16. situations in which people choose not to obtain knowledge that is freely available
- 17. company focuses on product promotion
- 18. one way payment
- 20. profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its service
- 22. Risk exposure a company has to factor(s) that may lower its profits
- 25. monopolies that are regulated
- 27. inherent risk to something
- 28. companies try to sell their products or services at lower prices
Down
- 2. few companies exert control
- 3. net income that is retained to grow the business
- 4. wo or more businesses offer the same product or service and compete for the same market
- 6. of goods the direct cost of producing a good
- 9. the process by which various sellers each try to offer better products, lower prices, and other advantages to choosing their wares over a rival's
- 11. decreasing a company's expenses to maximize profits
- 12. all costs needed for operation
- 14. risks beyond human control
- 15. all companies sell identical products
- 19. risk that may happen, are speculated
- 21. the money someone makes
- 23. the intent to achieve money
- 24. loses because of humans
- 26. amount of money business makes after tax