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ECO. Chapter 7 Crossword Puzzle

Across
A Role of government.
Process in which a lender reclaims the property due to a lack of payment by the borrower.
Economic products that are consumed collectively
Uncompensated side effects that either benefit or harm a third party not involved in the activity that caused it.
Real or imagined differences between competing products in the same industry.
Government should not interfere with business activity.
Illegal combinations of corporations or companies organized to suppress competition.
Monopoly created and/or owned by the government.
Legal document that pledges ownership of a home to a lender as security for repayment of borrowed money.
Down
Federal Trade Commission
Group of firms producing similar or identical products.
Competition based on a product's appearance, quality, or design, rather than its price.
Practice of charging different customers different prices for the same product.
Ruling requiring a company to stop an unfair business practice that reduces or limits competition.
Cause of market failure and difficult problem for an economy.
To represent as equal or equivalent.
Market structure characterized by a single producer.
More like hurricane tortilla.
Uncompensated side effects that affect an uninvolved third party.
Increasingly efficient use of personnel, plant and equipment that lowers the average cost of production as a firm becomes larger.