Economics 1st 9wks Review

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Across
  1. 5. most desirable alternative given by a decision
  2. 7. for the good of all members
  3. 8. better wages, better hours
  4. 10. responsive to price change
  5. 14. based on the consumer want/need, no govt control
  6. 16. knowledge
  7. 17. way to solve a dispute
  8. 18. serves the entire community, electricity, water
  9. 19. produce all the same product, no price controls
  10. 23. difficult for new business/car factories
  11. 25. unresponsive to change in price
  12. 26. need by the consumer
  13. 27. something you can touch
Down
  1. 1. financial gain
  2. 2. amount of product on the market
  3. 3. relationship between market price and all consumers
  4. 4. two or more owners
  5. 6. limited resource
  6. 9. relationshio between consumer and price
  7. 11. natural resources
  8. 12. convert land, labor & capital into goods and services
  9. 13. government makes all decisions
  10. 15. single owner
  11. 20. not enough of product on the market
  12. 21. labels on products with basic information, nutritional values
  13. 22. buys goods/tells producer what to produce
  14. 24. failure to maintain