Across
- 2. the quantity demanded exceeds the quantity supplied
- 5. the amount of money a buyer gives to a seller
- 7. costs that are independent of volume
- 9. market structure where a single seller or producer assumes a dominant position in an industry
- 10. a relationship in which one person holds title to property
- 11. the amount of an asset or resource that exceeds the portion that's actively utilized
- 12. limiting of goods or services that are in high demand and short supply
- 13. market structure with a small number of firms non of which can keep others from having significant influence
Down
- 1. branch of economics that deals with the behavior of individuals, firms, and households in decision making and resource allocation
- 3. corporate expense that changes in proportion to how much a company produces or sells
- 4. products which are bought and used together
- 6. economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to the price movements of that good or service
- 8. the total amount given product or service a supplier offers to a consumer