Across
- 1. 1.The branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 2. cost 3.The loss of potential gain from other alternatives when one alternative is chosen.
- 4. point 8.Break-even (or break even) is a point where any difference between plus or minus or equivalent changes side.
- 5. economy 4.An economy in which production, investment, prices, and incomes are determined centrally by a government.
Down
- 1. price 6.In economics, economic equilibrium is simply a state of the world where economic forces are balanced and in the absence of external.
- 3. 2.a small and inadequate amoun.
- 6. economy 5.an economy that relies chiefly on market forces to allocate goods and resources and to determine prices.