Economics Crossword

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Across
  1. 2. statement that attempts to describe the world as it is
  2. 3. consumers want more of a good or service than producers are willing to make available
  3. 4. state of economy when prices have risen 20% or more
  4. 7. increase in price with quality of goods remaining the same
  5. 8. stock that is associated with companies that operate in major consumer dependent industries
  6. 9. ability to produce a good at lower opportunity cost
  7. 11. what consumers are willing and able to buy at different prices
  8. 12. group of buyers and sellers
  9. 13. slope of a line
  10. 14. those of think at the margin
  11. 16. whatever must be given up to obtain it
  12. 19. when the income exceeds than production cost
  13. 20. what producers are willing and able to sell at different prices
  14. 22. company's net worth
  15. 23. increase in price with quality of goods remaining the same
  16. 27. when the production or consumption of a good affects bystanders
  17. 28. stock with low market price due to historical earnings
Down
  1. 1. goods that are inversely affected by income
  2. 3. stock that is of very high risk
  3. 5. study of households and firms make decisions and interact
  4. 6. study of economic wide phenomena
  5. 10. advantage to produce a good using fewer input
  6. 12. incremental adjustments to existing plan
  7. 15. minimum legal price a producer can sell a product
  8. 17. statement that is an opinion on how the world works
  9. 18. something that induces a person to act
  10. 21. when supply equals demand
  11. 24. most typical stock
  12. 25. goods that demand increase with income and decrease with income
  13. 26. volume the number of shares being bought and traded