Across
- 3. debts or financial obligations of a business.
- 4. charges that are typically due in full when received, and have a short time frame for payment.
- 5. costs that do not change.
- 6. when a single entity controls all of a specific product and has a patent.
- 10. the point where supply and demand intersect and set a stable price.
- 11. the complete list of all the assets a business enterprise has.
- 13. the fee charged by the lender in exchange for loaning the money.
- 14. the available financial and material resources of a business.
- 16. assets that have a short-term usefulness.
Down
- 1. when adding inputs decreases the overall profits.
- 2. producing many types of commodities.
- 7. assets that have a longer useful life.
- 8. interest that adds up after each period.
- 9. property used to secure a chattel mortgage.
- 12. costs that change.
- 15. items of value that are owned by a business.