Ch.17 Crossword Puzzle

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Across
  1. 2. States that buyers will demand, or want, a greater quantity of a good when its price is low.
  2. 3. The money a business has left after it has paid its expenses.
  3. 5. A business in which two or more people share the responsibilities, costs, profits, and losses.
  4. 7. The people who buy corporate stocks
  5. 10. A type of business that is recognized as a separate legal entity.
  6. 11. The right to buy and sell goods as you want
  7. 13. When there are not enough resources to meet people’s wants.
  8. 15. All human effort, skills, and abilities used to produce goods and services.
  9. 16. Corporate profits paid to stockholders
  10. 18. Resources that can be found on or in the Earth or in Earth’s atmosphere.
  11. 19. States that businesses will produce more products when they can sell them at higher prices.
Down
  1. 1. A small business owned by one person
  2. 4. When a company is the only company selling a product.
  3. 6. Organizations Business organizations provide goods and services without seeking to earn a profit for stockholders.
  4. 8. shares of ownership
  5. 9. Enterprise: Business owners may operate however they see fi t, with little direction or interference by the government.
  6. 12. A person who organizes, manages and assumes the risks of a business.
  7. 14. An economic system in which the productive resources are owned by private citizens.
  8. 17. Economic decisions are made by people looking out for their own best interests.