Economics and Marketing

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