situation where firms act together and agree to fix prices
a market dominated by a few large producers
variations of a particular product
monopolist is a price _______
a situation in which each firm's profit depends on their own price and strategy as well as other firms in the industry
the equality of price and minimum average total cost yields __________ efficiency
this cost data measures the change in total cost
an oligopoly producing standardized products
a ratio of the output of the four largest firms in an industry
monopolistically competitive firms have _____ control over price
Down
the equality of price and marginal cost yields _________ efficiency
the goal of product differentiation and advertising
a type of oligopoly producing products such as tires, breakfast cereals, automobiles and cigarettes
this index is the sum of the squared percentage market share of all firms in the industry
the study of how people behave in strategic situations
type of oligopoly that can exist where products are highly localized
_______-demand theory is a type of noncollusive oligopoly
the four-firm concentration ration in this industry is 95%
________ of scale are important entry barriers in a number of oligopolistic industries such as aircraft
when the industry suffers short-run losses, some firms will _____ in the long run
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It looks weird when printed.
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When you hit the 'Arrange' button, our algorithm will try to arrange all your words on the grid, and will move words around to try to fit the most words.
This will get all the words on the grid about 90% of the time, depending on the word list. For the other 10%, you will get an alert explaining that the words that did not fit were added to the scratchpad.
It prints on two pages.
Big puzzles won’t always print on one page — the clues and grid are the smallest we could make them while keeping them readable for everyone.
That said, different browsers print in slightly different ways, so you could try using 'print preview' using a different browser (or try the PDF button) to see if you like how that looks better.
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