CROSSWORD PUZZLE

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Across
  1. 2. a study of social science.
  2. 5. a state where the supply in the market is equal to the demand in the market
  3. 8. large scale or general economic factors and how they interact
  4. 10. things that are often are sold or used together
  5. 11. the authoritatived system where in decision making is centralized
  6. 14. a table that shows the quantity demanded
  7. 15. comprises all naturally occuring resources.
  8. 16. can exist in one place or in several places
  9. 17. when a good is scarce compared to its demand.
  10. 21. came from nature.
  11. 22. the essentals of life.
  12. 24. someone who organize, manages, and assumes the risk of a business or enterprise
  13. 27. a graphical representation of the relationship between the price of a good
  14. 29. combining command and market
  15. 31. the application of economic theory.
  16. 33. the amount of a product that is offered for sale
  17. 34. tendency of suppliers to offer more
  18. 35. non essential items.
  19. 36. decision are based on traditions and practices upheld over the years
  20. 37. the most important of which is the price of the good itself, thus, the equation
Down
  1. 1. a state in which supply and demand for a given good or services are in balance
  2. 3. limited nature of resources.
  3. 4. the most democratic form of economic system
  4. 6. force of production that refers to the work.
  5. 7. can be used in place of another
  6. 9. the processed materials.
  7. 12. the assets, physical tools, plants, and equipment
  8. 13. unlimited wants but limited resources.
  9. 18. when supply is limited
  10. 19. law of demand described how price affects
  11. 20. the value of the best foregone alternative
  12. 23. described economics as study of mankind.
  13. 25. willing and able to buy
  14. 26. the economy such as individuals, household and firms
  15. 28. law of supply described how price affects
  16. 30. the dependence of supply
  17. 32. its price decrease and less when its price increases