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ECONOMICS REVIEW

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Across
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Competition based on qualities and features of products, not price
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________ goods that everyone can use
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Price __________, charging different prices for certain people
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An illegal combination of corporations to prevent competition
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Illegal agreement to charge single price for a product
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Illegal agreement to fix prices, cut down competition, and limit output
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Government role that ensures the law in business
Down
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Monopoly: Owned by a _________ producer
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Governments roles are __________ and regulation
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Type of competition that is only theoretical
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Not enough ________ can cause the market to fail from too few buyers/businesses
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Type of monopoly that is caused by small market size
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Public _________, government orders a company to reveal information
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Policy of economics where the government is hands off
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Market structure where few own the majority