Economics

1. Something that shows the level of service or goods that supplyer wants and is able to buy
4. Something that is desired or wished for, but not necessary
5. A group of firms acting in unison
8. A market structure where industry is dominated by a small number of sellers
11. Whatever must be given up or sacrificed to obtain some item
13. The possibility of Britain withdrawing from the European Union (EU).
14. The principle which states that 80% of the effects come from 20% of the causes.
15. The equipment and structures used to produce goods and services
16. Transmission of non-physical goods from seller to buyer
18. An increase in the overall level of prices in the economy
19. The study of how people behave in strategic situations
20. graph in economics

2. A market structure characterized by a single seller, selling a unique product in the market and facing no competition
3. A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses
6. A circumstance that causes a lender to demand full repayment of an outstanding balance sooner than it was originally due
7. The rivalry among sellers trying to achieve many goals, for instance, increasing profits
9. An individual who, rather than working as an employee, runs a small business and assumes all the risks
10. The study of how households and firms make decisions and how they interact in markets
12. The quantity of payment
17. A system of exchange where goods or services are directly exchanged for other goods