Economics vocabulary

3. Money that has been spent on investment and is not going to be replace
6. When a business in gaining more profit that what is needed to just function
9. The cost or benefit experienced by an unrelated third party
11. Percentage change in one variable in relation to another
12. Not having enough resources to effectively distribute to everybody who wants them
14. Goods which increase in demand when income decreases
15. Goods which increase in demand when income increases
17. When the one firm concentration ratio of a market is high
19. A method used in fiscal policy

1. An amount of money given by the government to increase the production of a firm
2. What a consumer gets when they were willing to day more for the product than the asking price
4. Something which decreases in sales when another good decreases in price
5. A method of reducing externalities in demand
7. Where MR=D=AR=P
8. Distribution of resources to people who benefit the most from it
10. Market with a high two firm concentration ratio
13. Can be caused by social or environmental factors and effects where equilibrium is
16. Something which increases in sales when another good decreases in price
18. The maximum amount of combinations two goods or services can be produced at