Personal Finance and Microeconomics
Across
- 1. profit shares given by corporations to stockholders
- 7. graph demonstrating opportunity cost
- 9. economic system which blends both command and free market systems
- 13. economic system with no government intervention
- 17. any place buyers and sellers get together to trade
- 18. education and skills needed to perform jobs
- 20. semi-independent business that pays fees to a parent organization
- 23. the act of working
- 24. business owned by stockholders
- 28. merger of two or more companies in the same market
- 30. the inability to satisfy all wants with given resources
- 31. making similar products unique in order to compete
- 34. tool used to help determine where your money goes
- 36. describes how readily a person can get their assets in the form of cash
- 37. how societies answer the 3 questions and 5 goals
- 39. a person who takes a risk to open a business
- 40. a measurement of how sensitive a product is to price change
- 41. the amount borrowed
- 42. when firms work together to set market prices
- 43. a home loan
- 44. things which will move the demand curve to another spot on the graph
Down
- 2. the relationship between demand and price
- 3. market structure dominated by one firm
- 4. the point where supply and demand curve intersect
- 5. curve demonstrating the amount of product producers will sell at all possible prices
- 6. resources produce by the environment
- 8. share of ownership in a corporation
- 10. curve demonstrating the amount of something purchased at all possible prices
- 11. defined as money or other valuables
- 12. resources used to produce other goods
- 14. artificially set price below which the price may not fall
- 15. a person's financial GPA
- 16. business owned by one person
- 19. market structure dominated by a few large firms
- 21. businesses designed to do charitable work that other companies don't
- 22. income before taxes
- 25. the production of a firm
- 26. also called communist
- 27. the next best thing given up when making a choice
- 29. giving up some of one thing to have more of another
- 32. the price of money
- 33. income after taxes
- 35. the relationship between supply and price
- 38. banks issue them so people can borrow money for a month