economics midpoint review - Chase

1234567891011121314
Across
  1. 2. The study of how people make decisions
  2. 5. Money received and income
  3. 7. A mandatory payment ordered from the government
  4. 8. A good whose appeal increases with the popularity of its complement
  5. 9. The factors you need to achieve the factors of production needed to produce a product
  6. 11. Financial benefit given from the government
  7. 12. The amount of revenue that remains after a business pays the cost of producing a good or service
  8. 13. Increase in price means increase in quantity supplied
  9. 14. Products that can be used as an alternate to satisfy another need or want
Down
  1. 1. Higher price leads to lower quantity demanded and lower price leads to higher quantity demanded
  2. 3. Where buyers and sellers transact business for the exchange of particular goods and services tend towards equality
  3. 4. Organizations that produce goods and services
  4. 6. The view of economic agents about future values of economic variables
  5. 10. The simple state of supply outweighing demand
  6. 11. When demand for a product or service exceeds the available supply