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