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