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Amanda Crossword
Down
:
1) the proportion of total industry output produced by the largest firms.
3) an imperfectly competitive industry subject to potential entry if prices or profits increase,
4) the percentage of total output produced by a single firm.
5) an oligopolistic pricing pattern that allows one firm to establish market price for all frims in the industry.
Across
:
2) a market in which a few firms produce all or most of the market supply of a good.`
4) a market in which many firms produce similar goods or services but each maintains some indepent control of its own price.
6) the study of decision making in situations where strategic interaction between rivals occurs.
7) meeasure of industry concentration that accounts for number of firms and size of each. Used to identify antitrust.
8) features that make one product appear different from competing products in a single market.
9) the most dominant firm in an oligopoly.
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