Applied economics

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