Y10 microeconomics crossword

1234567891011121314151617181920212223242526
Across
  1. 2. A short term business objective is to ... even
  2. 10. Revenue-costs = ...
  3. 11. DVD players and DVDs
  4. 12. Subsidies shift the supply line to the
  5. 14. Revenue=price x ...
  6. 15. The sector of the economy that design and marketing jobs are in
  7. 16. The sector of the economy made up of government run organisations
  8. 19. When income rises and demand for the good falls it is known as a ... good
  9. 22. Spending on capital is known as...
  10. 24. Gross income - tax = ... income
  11. 25. Income paid which has not been adjusted for the effects of inflation
  12. 26. One of the ways a monopoly can be achieved, when two firms join together
Down
  1. 1. rice and pasta
  2. 3. A type of monopoly given by the government e.g. to allow just one local water firm
  3. 4. When price rises demand will
  4. 5. The value of the next best alternative foregone: ... cost
  5. 6. One of the factors of production
  6. 7. Are hourly wages a fixed or a variable cost?
  7. 8. When a 2% increase in price leads to a 2% decrease in quantity demanded, the good has this kind of elasticity
  8. 9. If a textiles factory bought a cotton farm this would be an example of backwards ... integration
  9. 13. If a 4% increase in price leads to an 8% increase in quantity supplied, what is the PES equal to?
  10. 17. The kind of economy the UK is
  11. 18. If a firm has a 25% market share we say it has a
  12. 20. Money can be used to agree future payments so it is a means of ... payment
  13. 21. When price falls demand will
  14. 23. The basic economic problem is that resources are...