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Economics Crossword

Across
Large number of firms producing a standardized product
The output at which marginal revenue equals marginal cost
Revenue per unit
Relatively large number of sellers producing differentiated products
One firm is the only seller of a product or service
A competitive firm cannot change market price, but can only adjust to it
Down
All the characteristics of a pure competition are grouped together
The extra revenue from producing one more unit of output
The amount of output the firm will supply at each price an a series of prices
Involves a few sellers of a standardized or differentiated product, each firm is affected by the decisions of its rivals
The output at which a firm makes a normal profit but not an economic profit, total revenue covers all costs
Price multiplied by the corresponding quantity a firm can sell, average revenue x quantity