Economics Crossword
Across
- 2. A cost that remains the same regardless of how much is produced (e.g. rent)
- 4. People who buy goods and services
- 6. A good or service that is necessary for survival
- 7. The limited availability of resources compared to wants
- 9. A good or service that is not essential but desired
- 10. Resources involving human effort, skills, and knowledge
Down
- 1. A market involves the buying and __________ of goods and services
- 3. A product that can replace another similar product
- 4. Machines, buildings, and tools used in production
- 5. The ability of consumers to decide what is produced
- 7. The law that says higher prices usually lead to higher quantities offered by producers
- 8. When two goods are often bought together (e.g. strawberries and cream)