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ECONOMICS REVIEW

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