Economics Cross word
Across
- 2. a finite or limited amount of recourses available
- 4. measure of welfare that people gain from consuming goods and services
- 8. a place where people exchange goods and services
- 9. next best alternative forgone when an economic decision is made
- 11. quantity of a produce that a prodders is willing and able to supply at a given price and time.
- 12. willing and able to buy a good at a given price and time
- 14. A rising price causes a ………… of demand
Down
- 1. A good that when income rises the demand will fall
- 3. a falling price causes an ………… of demand
- 5. two goods in competitive demand
- 6. Two goods with a joint demand
- 7. consumer surplus + producer surplus
- 10. Latin phrase that means ‘everything else remains constant’
- 13. function of a price rise associated with contraction of demand along demand curve