Economics

5. any type of physical work
6. The maximum something can cost
8. 1 part of the Factors of Production
10. means all things being equal
13. wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing
19. voluntary employment transitions within an economy
21. The value of the option that was not picked
25. Maximum amount a consumer is willing to pay for a additional good/service

1. The minimum something can cost
2. A graph used to see all the combinations of 2 items that can be produced
3. 2 more more people starting a business together
4. When supply is greater than demand
7. Time bound restrictions on trade
9. When people are unemployed during certain times of the year when labor is low
11. The owner of a business
12. business owned by shareholders who elect whoever oversees the company
14. Where supply and demand equal out
15. Tax put on imports by the government
16. how much money you make
17. A longer lasting unemployment caused by fundamental shifts in the economy
18. When demand is more than supply
20. The change in production of one product that comes from producing another product
22. when only one person owns a business
23. the reason a production curve changes
24. Demand for a good or service is greater than the supply