Economics Intervention

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Across
  1. 4. When you are willing and able to buy something
  2. 7. Output per worker per hour
  3. 9. Economic sector including building and manufacturing
  4. 11. Willingness and ability to provide a good/service
  5. 13. When there are only a few sellers
  6. 14. Responsiveness to changes (e.g. in demand)
  7. 17. When a place focuses on being very good at one thing
  8. 18. Goods that compete for demand
  9. 20. Factor of Production - the reward is profit
Down
  1. 1. ____ costs = costs that do not change with output
  2. 2. Market ____ = when resources are misallocated
  3. 3. Goods and services that are desirable
  4. 5. Costs/benefits to those outside the transaction
  5. 6. ___ pay = pay before deductions
  6. 8. Goods commonly sold together
  7. 10. Point where demand and supply meet
  8. 12. When there is only one seller
  9. 15. VAT is an _____ tax
  10. 16. Economies of ____ = higher output = lower average costs
  11. 19. Resources that are finite/can run out are ____