Across
- 4. 3.Money given by the government to support a specific industry
- 5. 2.The value of the next best alternative forgone
- 6. 6.The responsiveness of quantity demanded to a change in price
- 10. 1.The study of how people use resources to satisfy wants
Down
- 1. 4.A situation where quantity demanded equals quantity supplied
- 2. 7.When a single firm dominates a market
- 3. 10.The study of the behavior of individuals and firms in making decisions
- 7. 5.A graphical representation showing the relationship between supply and demand
- 8. 9.A government policy that involves adjusting tax rates and spending levels
- 9. 8.A measure of how the economy is growing or shrinking