Economic theory

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Across
  1. 3. cost A cost that has already been commited and cannot be recovered is .....
  2. 5. Ability to turn an asset into cash
  3. 6. The state of a country or regi
  4. 7. .....cost that do not change with the amount produced
  5. 8. supply What final goods and services called in economy
  6. 10. in terms of the production and consumption of goods and services and the supply of money
  7. 11. The activity or business of promoting and selling products or services,including market research and advertising
Down
  1. 1. the action of sharing something out among a number of recipients
  2. 2. Responsiveness or relative change of one dependent variable against change in the independent variable
  3. 3. and the supply of money
  4. 4. A.....is the stage of economy`s business cycle that marks the end of a period of declining business activity and transition to expansion
  5. 9. costs .....are out-of-pocket costs for a firm-for example,payments for wages and salaries,rent or materials