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1. 
(adj) without enough money to pay what you owe
2. 
(n) a market with many producers and relatively low barriers; their products are similar but not identical.
3. 
(adj) expensive and of high quality || intended for people who want very good quality products and who do not mind how much they cost
4. 
(n) it’s competing without changing the price. It focuses on things like style, quality.
5. 
(adv) almost or very nearly, so that any slight difference is not important
6. 
(vt) to have a belief or an opinion about somebody/something
7. 
(vt) (formal) to consider that something is true
8. 
(v) to recognize or show that two things are not the same = to distinguish
9. 
“Half the money spent on advertising is wasted; the trouble is, you don’t know which half.”
10. 
(phrasal verb) to be easily seen; to be noticeable
11. 
(v) (formal) to secretly plan with other people to do something illegal or harmful
12. 
(adv) in a way that is based on reason rather than emotion
13. 
(phrase) with loss or damage to somebody/something
14. 
(n) when one company changes its prices, and its competitors have to decide if they’re going to follow suit.
15. 
(vi) (formal, disapproving) to work together secretly or illegally in order to trick other people
16. 
(idiom) everywhere
17. 
(idiom) put or left in a lot of different places in an untidy way
18. 
(n) is a secret agreement or cooperation especially for an illegal or deceitful purpose
19. 
[usually plural] a small decorative object in a house
20. 
(vt) to get or catch something by acting quickly: