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