APPLIED ECONOMICS

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Across
  1. 2. The effect of your actions, decisions, products, or services on your organization's performance, goals, and stakeholders.
  2. 4. Is a specific group of potential customers who a business aims to reach with its products or services.
  3. 10. The indirect costs or benefits that affect people or entities outside of a business transaction.
  4. 15. People often demand higher wages to prepare for future price increases when they expect prices to rise.
  5. 16. Is an amount of money earned that exceeds that which is economically or socially necessary.
  6. 20. The amount charged on top of the principal by a lender to a borrower for the use of assets.
  7. 21. Is apredetermined target that a business or individual plans to achieve in a set period of time.
  8. 23. concept that describes the responsiveness of one variable to changes in another variable.
  9. 24. Is amarket structure where a small number of companies control the market and limit competition.
  10. 27. Is a statistical term that designates the pool from which a sample is drawn for a study.
  11. 28. Is a limited availability of resources, products, or opportunities relative to the demand or desire for them.
  12. 29. The amount available at a specific price or the amount available across a range of prices if displayed on a graph.
  13. 30. Is a pricing strategy that charges customers a predetermined fee for a specific product or service, regardless of the time spent or resources utilized.
Down
  1. 1. products that are the result of one or more people's work.
  2. 3. The lowest amount of money that employers can legally pay their employees for a given period of work.
  3. 5. The business of granting to any person rights to use any goods other than books whether pursuant to a lease bailment or licence or otherwise.
  4. 6. Are used in business to measure change and express quantity in relation to a whole.
  5. 7. The total quantity of a product or service that consumers are willing and able to purchase at a given price and time.
  6. 8. Is imposed on the net income of corporations, partnerships, and other entities engaged in business activities.
  7. 9. is Is a plan to put money to work today to obtain a greater amount of money in the future.
  8. 11. The money it has available to fund its day-to-day operations and to bankroll its expansion for the future.
  9. 12. The physical premises where it conducts its operations.
  10. 13. Is any factor that could negatively impact a company's finances or operations, such as lost profits or failure.
  11. 14. Can refer to a company changing its tax residence or the movement of people for employment.
  12. 17. The performance difference of a business and those of other businesses.
  13. 18. The total amount of satisfaction experienced when a product or service is consumed.
  14. 19. Is a market structure where a single company or group controls the supply of a product or service, and has little to no competition.
  15. 22. Is away to motivate employees to increase productivity, improve relationships, and increase profits.
  16. 25. The value of the business's balance sheet is at least a starting point for determining the business's worth.
  17. 26. Is a good or service that a business sells to consumers.