Economics and Marketing
Across
- 2. a cost that varies/changes with the level of output
- 3. are things that are required in order for you to survive
- 5. where no person, business, or nation has enough resources to satisfy all of their wants and needs
- 7. physical/tangible things you can touch
- 10. where the supply of goods matches demand.
- 12. a person who buys and uses goods and services for personal use
- 13. activities that a business performs for money
- 14. things that you do not have to have to survive, but you would like to have
- 15. deals with the making, distributing, selling and purchasing of goods and services
Down
- 1. the act of gathering information about consumers’ preferences
- 4. the amount of money available to the business after all costs and expenses have been paid off
- 6. the quantity of a good or service a producer is willing to produce at different prices
- 8. business costs, such as rent, that are constant whatever the quantity of goods or services produced
- 9. any commercial activity that seeks profit by providing consumers goods and services in exchange for money
- 10. Means through which goods and services are produced
- 11. the quantity of a good or service that consumers are willing to buy at a given price