Characteristics of Business

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Across
  1. 2. Changes in buyers’ earnings that can shift demand
  2. 3. Two or more owners share profits and losses
  3. 6. Amount producers are willing to sell at various prices
  4. 7. More or fewer buyers in the market; can shift demand
  5. 8. Mandatory payments to government required by law
  6. 10. Goods that are used together
  7. 14. Vertical axis on the market graph
  8. 17. The buyer of goods and services
  9. 19. Better production methods that increase supply
  10. 21. Horizontal axis on the market graph
  11. 22. Rules set by government that can affect markets
Down
  1. 1. Government payments that encourage production
  2. 4. The seller or maker of goods and services
  3. 5. Different goods that can replace each other
  4. 9. Organization that does not distribute profits to owners
  5. 11. Business structure that can protect owners’ personal assets
  6. 12. Work done as the product; no ownership transferred
  7. 13. Physical items you can own and take home
  8. 15. Point where the supply and demand curves meet
  9. 16. Owner pays to use an established brand’s name and system
  10. 18. Consumers’ desire and willingness to buy at various prices
  11. 20. Typical ladder of authority inside a business