Across
- 3. tax levied on the consumption of goods and services
- 6. a person/conmpany/country that supplies goods and services
- 8. money that is paid by a government or Organization to make prices lower. Usually to encourage production of a certain good.
- 10. its consumption is beneficial to the society.
- 12. something people require to survive
- 14. difference between total revenue and total cost
- 15. shows the maximum possible output combination of two goods and services an economy can achieve when all resources are fully and efficiently employed
- 17. the quantity of goods and services consumers are willing to purchase at a given price
- 19. something that has an effect on something
Down
- 1. process of using goods or services to statist wants and needs
- 2. the amount of money a firm receives from selling goods
- 4. things that you think are true although you have no definite
- 5. a person/ company/ country that purchases goods and services
- 7. the price at which demand and supply are equal
- 9. one good
- 11. spending by a government
- 13. the amount of goods producers are willing to offer for sale at different prices in a given period of time
- 14. what the customer is willing to pay for a goods or service
- 16. the desire for goods and services
- 18. when any economic agent will compromise