Economics Crossword

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Across
  1. 3. the total amount of money a company receives by selling goods or services
  2. 6. the cost of operating a facility, such as a factory or a store
  3. 7. a measure of how consumers respond to price changes
  4. 12. A chart that lists how much of a good all suppliers will offer at various prices
  5. 16. a measure of the way quantity supplied reacts to a change in price
  6. 17. describes demand that is very sensitive to a change in price
  7. 18. government intervention in a market that affects the production of a good
  8. 19. a government payment that supports a business or market
  9. 22. A factor that can change
  10. 24. the additional income from selling one more unit of a good
  11. 25. a good that consumers demand less of when their incomes increase
  12. 27. the sum of fixed costs plus variable costs
  13. 28. when consumers react to an increase a goods prices by consuming less of that good
  14. 31. describes demand whose elasticity is exactly equal to 1
  15. 32. describes demand that is not very sensitive to price changes
  16. 33. a good that consumers demand more of when their incomes increase
  17. 34. The amount that a supplier is willing and able to supply at a specific price
  18. 35. a tax on the production or sale of a good
  19. 36. the desire to own something and the ability to pay for it
  20. 38. the total cost divided by the quantity produced
  21. 39. a cost that does not change, no matter how much of a good is produced
Down
  1. 1. consumers will buy more of a good when its price is lower and less when the price is higher
  2. 2. producers offer more of a good as its price increases and less as its price falls
  3. 4. a cost that rises or falls depending on the quantity produced
  4. 5. graphic representation of a demand schedule
  5. 8. a level of production in which the marginal product of labor increases as the number of workers increases
  6. 9. two goods that are bought and used together
  7. 10. the amount of goods available
  8. 11. a table that lists the quantity of a good all consumers in a market will buy
  9. 13. a level of production at which the marginal product of labor decreases as the number of workers increases
  10. 14. A chart that lists how much of a good a supplier will offer at various prices
  11. 15. the cost of producing one more unit of a good
  12. 20. goods that are used in place of one another
  13. 21. a table that lists the quantity of a good a person will buy at various prices
  14. 23. A graph of a quantity supplied of a good by all suppliers at various prices
  15. 26. the change in output from hiring one additional unit of labor
  16. 29. A graph of the quantity supplied of a good at various prices
  17. 30. the change in consumption that results when a price increase causes real income to decline
  18. 37. the statistical characteristics of populations and population segments