Applied Economics - Crossword Puzzle

2. A good whose demand increases as income increases.
4. degree of a competition in the market.
8. Price influences the change of either quantity demanded or quantity supplied.
10. Direct cause of an action.
13. The quantity at which quantity demanded and quantity supplied are equal.
15. a competition where no one big seller have any significance in the market.
16. As prices increase, quantity supplied increases. Conversely, as prices decrease, quantity supplied decreases.
18. Latin word meaning that "All else equal".
19. that are demanded or consumed along with other goods.
21. decisions that cannot be recovered.
22. a competition where their products are similar but all sellers sell deferrentiate
24. excess demand in the market.
25. Price influences the change of either quantity demanded or quantity supplied but is caused by non-price determinants.
26. Compulsory contributions of an individual or business firm to the government.
27. there are only one seller or producer in the market.
29. Also known as socialism or communism.
30. As prices increase, quantity demanded decreases. Conversely, as prices decrease, quantity demanded increases.

1. the ability to give up something to acquire a goods or services.
3. He made the "Hierarchy of Needs."
5. it protects an intellectual property of a brand.
6. The price at which quantity demanded and quantity supplied are equal.
7. indirect cause of an action.
9. the buyers are far greater than the sellers
11. decision made of a person or a government with scarce resources.
12. that are demanded or consumed instead of another good.
14. The number of units that a seller is willing to produce at any given price.
17. Also known as capitalism.
20. The set of all quantities supplied at different price levels.
23. Goods and services that vary inversely with income.
28. name and symbol that distinguishes you from other competitors