Across
- 1. Physical, or tangible, items that can be touched and used.
- 4. Earnings that a business receives for its good and services.
- 5. Buys products either from wholesalers or directly from manufacturers and resells them to consumers
- 8. The right to sell a company's goods or services in a particular area
- 11. How a market is organized, based on the number of businesses competing for sales in an industry
- 12. All business activities that involve money
- 14. Production,finance,marketing,and management
- 15. The cost of passing up the next best choice when making a decision
- 17. Is a science that deals with examining how goods and services are produced, sold, and used.
- 18. Something necessary for survival
- 21. Money flowing into and out of a business
- 22. Turns raw materials from natural resources or product components into new products for sale.
Down
- 2. Intangible actions or tasks that are performed, usually for free
- 3. One that is independently owned and operated, organized for profit, and not dominant in its feild
- 6. Factors of production used to make consumer goods and services.
- 7. Something that a person desires but is not necessary for survival
- 9. Includes all the activities involved in developing and exchanging products
- 10. All activities required to make a product
- 13. The economic principle relating the quantity of products available to meet consumer demand.
- 16. Purchases large amounts of goods directly from manufacturers
- 19. Anything that can be bought or sold, goods or services.
- 20. Costs involved in operating a business