Across
- 2. a compromise between 2 desirable features
- 4. a few large firms dominate a market
- 6. a business shared by two or more people that combine their skills
- 8. all things used in FOP
- 9. economy in which it's based upon customs and habits
- 10. GDP measured in current prices
- 12. the most desirable alternative given up
- 13. extra cost of producing another unit
Down
- 1. limited quantities to meet unlimited wants
- 3. a business owned by one person
- 5. total market value of all final goods and services
- 7. consumer willingness and ability to buy product
- 11. there are many buyers but only 1 seller
- 13. economy in which decisions are based on voluntary exchange