Business Economics
Across
- 2. An individual who uses goods and services
- 4. Supply curve usually slopes
- 6. The curve which shows all combinations of two giving same level of satisfaction
- 9. Total amount producers are willing to sell
- 10. Point where budget line & IC are tangent
- 11. When demand changes more than proportionately with price
- 15. MACROECONOMICS
- 17. Demand curve usually slopes
Down
- 1. Study of individual economic units
- 3. Desires backed by ability to pay
- 5. Vertical demand curve shows it is
- 7. Measures responsiveness of quantity demanded to price change
- 8. Price * Quantity = Total ___
- 12. The law explaining inverse relation between price and demand
- 13. Goods consumed together
- 14. The study of how businesses allocate resources
- 16. Demand of necessity goods is generally