APPLIED ECONOMICS
Across
- 1. - authoritative system
- 6. - man-made resources
- 9. - good and services are in balance
- 11. - best foregone alternative
- 12. - limited nature of resources
- 14. - control over supply
- 15. - equation
- 16. - Focuses on consumers
- 18. - state of equal and balanced
- 19. - efforts of human
- 23. - operates a business
- 25. - Large number of sellers
- 28. - Good is scarce
- 30. - Two seller of commodity
- 31. - easy to enter easy to exit
- 32. - study of how society use scarce resources
- 33. - soil and natural resources
- 36. - most democratic system
- 37. - essential
- 38. - supply is limited
Down
- 2. - He described economic as study of mankind
- 3. - Based on traditions
- 4. - physical and human efforts
- 5. - interaction of buyers and sellers
- 7. - sells a homogeneous product
- 8. - processed material
- 9. - No competition
- 10. - One
- 13. - similar in nature but not in homogeneous
- 17. - problem of having unlimited wants
- 20. - non-essential
- 21. - two
- 22. - Focuses on sellers
- 24. - process of setting prices of good
- 26. - came from nature
- 27. - overall performance
- 29. - Few seller
- 34. - specific type of oligopoly
- 35. - seller