Across
- 4. Returns to scale operates in _____ period
- 6. Studies individual units
- 7. Money earned by the entrepreneur
- 8. Want-satisfying power of a commodity
- 9. The supply curve will shift to the ______ when prices of raw materials increases
- 10. TC > TR
- 11. Converting raw materials to finished goods
- 12. Additional
Down
- 1. TR-TC
- 2. Founder of business economics
- 3. sole seller of the product
- 5. Elasticity equal to 1
- 11. highest point of the business cycle
- 13. ATC - AVC