Across
- 2. A corporation that can sell unlimited shares to the general public, is heavily regulated by the government, reports its financial information to the public, and is double taxed
- 4. The using of goods and services by people or by the economy in general.
- 5. The reality that people's wants always exceed the resources available to fulfill those
- 9. The legal responsibility of an individual (or entity) for business actions, debts, and obligations.
- 10. When businesses experience growth through one or many ways, including by increasing marketing efforts, hiring more sales employees, adding locations, adding new products or services, and/or entering new markets
- 11. All the components needed for production, including natural resources, labor, capital goods, and expertise.
Down
- 1. The loss of potential gain from among other alternatives, when one alternative is chosen.
- 3. The study of behavior and decision making of individuals and businesses in an economy.
- 6. The rivalry between companies selling similar products and services, competing to attract customers with limited dollars to spend
- 7. is a monetary state or condition where the quantity of a product supplied equals the quantity demanded for the same product.
- 8. Business owned by one person, and the owner has unlimited liability, meaning the owner can lose more than they invested in the business.
- 10. Something's usefulness and the degree to which wants are satisfied.