Economics 1

12345678910
Across
  1. 2. amount received from the sale of goods or services
  2. 4. indicates how much of a good consumers are both willing and able to buy at each possible price during a given time
  3. 5. profit below normal profit
  4. 7. costs that are not related directly to production
  5. 8. the cost of one more or one fewer units of production
  6. 10. States the relationship between inputs and outputs
Down
  1. 1. the cost per unit of output
  2. 3. Costs directly related to variations in output
  3. 6. the sum of all costs incurred in production – fixed, variable and semi-fixed
  4. 9. One of a firm's objectives