Business

2. Producing a desired item at lowest cost that is compatible with desired level of quality
4. The difference between selling price and variable costs
5. The years' profit after all deductions including tax and dividends have been paid
7. Capital used in the day to day trading operations of a business
10. The personal funds of the owner, which may be used to invest in the business
13. A type of pricing where it is below the market rate to buy to boost sales
14. The process of converting assets to cash

1. Laws passed by parliament that govern business and consumer activity
2. The point where supply and demand are the same
3. Bringing a new idea to the market place
6. Producing identical items continuously using automated processes at a very low labour cost per unit
8. Profit expressed in relative terms
9. A source of free short term finance if suppliers are willing to source goods now and receive payment later
11. The amount of product wanted by those who have the ability to pay
12. Gifts of finance usually from the government to support a project