BUS3200 Microeconomics chapters 3&4

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Across
  1. 4. Rules that provides potential investors with reliable information
  2. 7. A good from another country sold in the USA
  3. 9. Reduces risks for entrepreneurs
  4. 11. When quantity demanded is more than quantity supplied
  5. 12. Type of advantage when one can produce at a lowers opportunity cost
  6. 14. A good made in the USA and sold in another country
  7. 15. Two goods for which a decrease in the price of one good increases the demand for the other good
  8. 17. Increases the profitablility of inventions
Down
  1. 1. A road or park is an example of this type of good
  2. 2. Type of good that has a decrease in demand when a consumer's income increases
  3. 3. Type of advantage when one can produce at a lower resource cost
  4. 5. produced, who the good
  5. 6. A situatio n a market is in which the quantity demanded equals the quantity supplied
  6. 8. Two goods for which an increase in the price of one good increases the demand of the other
  7. 10. positive relationship between price and quantity supplied
  8. 13. Type of good that has a higher demand when a consumer's income increases
  9. 15. Specifies the terms of exchange
  10. 16. When quantity supplied is more than quantity demanded