Economic theory

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Across
  1. 2. An individual who purchases goods and services for personal use.
  2. 3. Money received, especially on a regular basis, for work or investments.
  3. 5. The satisfaction or pleasure a consumer gains from consuming goods and services.
  4. 8. The additional satisfaction obtained from consuming one more unit of a good or service.
  5. 9. The idea that consumers' choices determine what products are produced.
  6. 13. The act of replacing one product with another due to changes in price or preference.
  7. 15. The desire and ability to purchase a particular good or service at a specified price.
  8. 16. The financial plan that allocates income to different expenditures.
  9. 17. The amount of money required to purchase a good or service.
  10. 18. The price at which the quantity demanded and quantity supplied are equal.
  11. 19. The total income a person receives, not adjusted for inflation.
Down
  1. 1. The overall well-being and quality of life of individuals in economic terms.
  2. 2. The limitations on consumer choices due to income or budget restrictions.
  3. 4. The purchasing power of income, adjusted for inflation.
  4. 6. The advantage or profit gained from consuming a good or service.
  5. 7. The act of using goods and services to satisfy needs and wants.
  6. 10. The decision-making process by which consumers select from among available options.
  7. 11. The actions and decision processes of individuals in the market, particularly regarding purchasing choices.
  8. 12. A graphical representation showing the relationship between two economic variables.
  9. 14. The total amount of a product or service available to consumers.