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ECONOMICS

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Across
  1. 2. paribus latin phrase meaning “other things equal”
  2. 5. measure of a variable’s sensitivity to a change in another variable
  3. 8. consumers willingness to pay a price for a good
  4. 11. process of combining various materials
  5. 13. market that is dominated by only a few large firms
  6. 14. income of employees
  7. 15. first branch of economics
  8. 16. employees
  9. 17. desires
  10. 19. state where supply and demand are balanced
  11. 20. lack of resources
Down
  1. 1. utility consumer gains from consuming one good
  2. 3. opposite of equilibrium
  3. 4. properties
  4. 6. goods that producers are willing to provide
  5. 7. necessities
  6. 9. second branch of economics
  7. 10. market structure characterized by single seller
  8. 12. investment
  9. 18. greek prefix word “mikro”