Taylor Clinton
Across
- 2. Balance between the supply and demand
- 3. Amount of product a customer is willing to buy
- 4. willingness to produce more of a product
- 6. when all element of the economy is controlled by the government
- 8. amount of produce being made
- 9. More than a needed amount of a product
- 10. the idea that we need to buy goods to keep the economy going
- 13. State of limited competition
- 14. Complete ownership of entire supply of goods
Down
- 1. Adam Smiths idea of the economy flows on just competition and self interest
- 5. the lost of potential gain
- 7. when prices are based on competition
- 11. Not enough of a needed amount of produce
- 12. Amount of product a producer is able to sell