Cross

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Across
  1. 6. revenue tells you exactly how much money your business generates before expenses
  2. 7. one in which the change in quantity demanded due to a change in price is large
  3. 12. the price of a good or service increases, the quantity of goods or services increases and vice versa.
  4. 15. a representation of the relationship between the price of a good or service and the quantity supplied for a given period of time.
  5. 16. represents the relationship between the price of a good or service and the quantity demanded for a given period of time.Markett the total amount of an item producers are willing and able to sell at different prices, over a given period of time
  6. 18. the number of goods or services that suppliers will produce and sell at a given market price
  7. 19. Demand shifters include changes in any combination of the following factors
Down
  1. 1. the total amount of a good or service that consumers demand over a given interval of time
  2. 2. A variable that can change the quantity of a good or service supplied at each price
  3. 3. transforms raw materials and components into a finished product that's delivered to a customer
  4. 4. a good whose use is related to the use of an associated or paired good
  5. 5. table that shows the quantity supplied at each price.
  6. 8. The law of demand states that quantity purchased varies inversely with price.
  7. 9. make (something needed or wanted) available to someone; provide.
  8. 10. a table that shows the quantity demanded of a good or service at different price levels
  9. 11. the total quantity demanded by all consumers in a market for a given good
  10. 13. substance or material not elastic.
  11. 14. The key consideration when thinking about maximizing revenue is the price elasticity of demand
  12. 15. a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
  13. 17. taxes imposed on certain goods, services, and activities.