Economics Group Exercise
Across
- 2. Key word in partnership
- 3. Answers the question: how much to produce/provide
- 5. Subject to certain laws
- 8. Money generated from operating business
- 13. Provided
- 14. "Going concern"
- 15. ________ has substitutes and complements
- 17. Voting and stating opinion in a business
- 18. Store brand/generic stock
- 19. Anything business owes
- 20. Anything business owns
- 21. Key word in proprietorship
- 24. Legal protection over intellectual property
- 27. Cannot be traced back to source
- 29. The level of economics the Economic Systems operate under
- 31. Determines present behavior
- 33. Non-cutable cost
- 34. Growth, efficiency, equity, security
- 35. Based on expectation
- 38. Price sensitive (responds and reacts to price)
- 39. Tell us that in order to function at all, the economy needs to meet the economic questions
- 42. Business-created shortage
- 44. Price insensitive (does not respond or react to price)
- 45. Used in place of core item
- 46. Parent co can retain percentage of profits and control
Down
- 1. Stays the same regardless of usage
- 4. Traced back to source
- 6. Avoids risk and plays safe
- 7. Ability to differentiate between customers
- 9. What to produce/provide, how to produce/provide, how much, who gets it
- 10. Income left over after bills are paid
- 11. Retain half or more of profits and control
- 12. Person-specific
- 16. Different prices to different customers for the same item
- 18. Used along with core item
- 22. Second advantage of a corporation
- 23. Cutable cost
- 25. Money left over after paying costs
- 26. Type of monopoly that forms from piling up patents and copyrights
- 28. Type of monopoly that forms from out-competing everyone else
- 30. Speed up a project
- 32. Retain 49% or less of profits and control
- 34. Produced
- 36. Legal protection over products
- 37. Varies with usage
- 40. Risk bond
- 41. The level of economics the Economic Environments operate under
- 43. Low mass production, high specialization