Economics

5. Someone who owns a part of a company
6. The organisation who protects consumer rights (acronym)
8. The best unavailable choice is known as the _______ cost
9. The optimal price and supply of a good or service - where supply meets demand
11. Compensation given to a consumer to make things right after receiving faulty goods or poor service
12. The fundamental economic problem of having unlimited human wants and needs, but limited resources available to satisfy them

1. Type of resource involving human skills and knowledge
2. Australia has a __________ tax system, meaning you pay a greater percentage of tax as you earn more
3. The compulsory financial contributions collected by a government from individuals and businesses to fund public services and infrastructure
4. The label given to the X-axis on a Supply and Demand Graph
5. A centralized public marketplace where buyers and sellers trade shares of ownership in publicly listed companies
7. Type of resource used to make other resources
10. The label given to the Y-Axis on a Supply and Demand graph