Across
- 2. the difference between the income earned and expenses incurred by a business during a specific period of time
- 4. a contract used when two or more individuals create a business
- 6. The market price for a product is determined at a point where
- 7. the limited supply of goods
- 9. Products are commonly known as
- 11. A document that dictates how business should be conducted is a(n)
- 16. The value of the next best option that is not selected is
- 17. Each person who participates in a contract agreement is called
Down
- 1. describes how the owners and employees think, feel, and act as a business
- 3. price of product is determined by the law of
- 5. The driving force in choosing to start a business
- 8. Money earned in exchange for work
- 10. An individual or group that buys products is called
- 12. the economic resources a nation uses to make goods and supply services for its population
- 13. Laws that apply to the handling of business debts when a business is no longer profitable
- 14. When demand for a product becomes greater than available supply
- 15. all of the tools, equipment, and machinery used to produce goods and services
