Across
- 2. cost, an expense that changes depending on how much a business produces
- 3. the money a business receives from selling its goods or services
- 4. cost, an expense that does not change no matter how much a business produces
- 6. the alternative you face if you decide to do one thing rather than another
- 8. cost, the cost of the next-best use of time and money when choosing to do one thing or another
- 9. revenue, the additional income received from each increase of one unit of sales
Down
- 1. analysis economic model that compares the marginal costs and marginal benefits of a decision
- 5. cost, the additional or extra opportunity cost associated with each increase of one unit of sales
- 7. cost, the combination of all fixed and variable costs
