Across
- 4. – As price increases, quantity supplied increases.
- 7. – The willingness and ability of consumers to buy goods.
- 8. – Payments made to workers for their labor.
- 11. – Maximizing output with minimal waste.
- 14. – Using money to generate future profits.
- 17. – The structure of production and distribution in a society.
- 21. – The inputs used to produce goods and services.
- 23. – The quantity of goods available in the market.
- 25. – The process of distributing limited resources.
- 27. – The sum of all expenses incurred in production.
- 29. – A person or business that creates goods or services.
- 30. – The value of the next best alternative foregone.
- 33. – The process of choosing among alternatives.
- 35. – The general increase in prices over time.
- 36. – The financial gain after subtracting costs from revenue.
- 37. – Natural resources used in production.
- 38. – The efficiency of production in an economy.
- 39. – The study of individual consumers and businesses.
Down
- 1. – The point where supply and demand meet.
- 2. – The process of starting and managing a business.
- 3. – As price decreases, quantity demanded increases.
- 5. – The amount of money exchanged for a good or service.
- 6. – Planning income and expenses.
- 9. – A person who starts and manages a business.
- 10. – The fair distribution of resources.
- 11. – The study of how people allocate scarce resources.
- 12. – The movement of goods from producers to consumers.
- 13. – The total income generated from selling goods or services.
- 15. – Managing resources to meet future needs.
- 16. – A person who buys goods and services.
- 18. – An increase in economic output and resources over time.
- 19. – The state where supply equals demand.
- 20. – The fundamental economic problem of having limited resources.
- 22. – The act of using goods and services.
- 24. – The process of creating goods and services.
- 26. – Human effort used in production.
- 28. – Rivalry among businesses in a market.
- 31. – The study of the economy as a whole.
- 32. – Man-made resources like tools and machinery.
- 34. – A place where buyers and sellers interact.