economics

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Across
  1. 4. if a singal firm can serve that market at a lowe cost than any other firms
  2. 5. a condition which the losses that the owners may incur are limited to the amount of capital invested
  3. 6. where the is only one seller in the market
  4. 7. depicts how firms are differentiated and categorised based on goods
  5. 11. when all companies sell identical products
  6. 13. a consumer's desire to purchase goods
  7. 15. goods bought and used by consumers
  8. 18. an unincorporated business that is owned by one individual
  9. 19. amount of money giving for a good or service
Down
  1. 1. a market with many firms that sell good and services
  2. 2. the total amount of a specific good or service that is available to consumers
  3. 3. a full legal responsilillty that business owners and partners assume for all business debts
  4. 8. graphic representation od the relationship between product price and quantity of product that a seller is welling and able to supply
  5. 9. any structure that allows buyers and sellers to exchange goods
  6. 10. a product that is directly related with the use of another product
  7. 12. are factors that may cause changes in or affect the supply of a product in the marketplace.
  8. 14. a arrangement between two or more people to oversee business operations
  9. 16. a market characterized by a small number of firms who realize they are interdependent in their pricing.
  10. 17. a graphic representation of the relationship between product price and the quantity
  11. 18. a security that represents the ownership of a fraction of a corporation.