Economics Crossword
Across
- 3. The extra benefit of adding one unit
- 6. A good that consumers want less of when their income increases
- 7. A tax on goods imported into a country
- 10. The lowest price for a good or service
- 14. When there isn't enough supply of a good to satisfy the demands of the consumers
- 17. Where a few large firms dominate a market
- 18. Where the demand for a good is the same as the supply of the good
- 19. A market where one seller dominates the market in that area of business
- 20. a limited amount of goods and services to meet unlimited wants
- 22. A required payment to the government
- 23. When there is more supply than demand for a good
Down
- 1. A cost that doesn't change no matter how much of a good or service is produced
- 2. Giving up one good in order to gain another, greater benefit
- 4. A good that consumers want more of when their income increases
- 5. The highest price a company can make a good or service
- 8. The use of fewer resources than an economy is capable of using
- 9. The dollar value of all of the goods and services produced within a country's boarder in a year
- 11. An increase in prices in an economy
- 12. Measured in current prices
- 13. The best alternative is given up because of a decision
- 15. The extra cost of adding one unit
- 16. The total amount of satisfaction a consumer gets when they have consumed all of the good
- 21. Measured in constant and unchanging prices