economics

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Across
  1. 3. Revenue that comes from additional income received from each increase of one unit in sales
  2. 5. Economy where there are both parts command and market
  3. 6. Giving up one alternative good or service for another
  4. 10. Money a business receives from selling its goods
  5. 11. All the things that can be used in making products or services that people want
  6. 13. Economy where decisions are made on the basis of habit or custom
Down
  1. 1. Economy where the government answers all the economic questions
  2. 2. Cost that changes depending on how much a business produces
  3. 4. Cost that do not change
  4. 7. Cost of the next best use of your money or time when you choose to do one thing rather than another
  5. 8. Economy where businesses own the resources used to produce goods and services
  6. 9. Desires that people have that can be met by getting a product or a service
  7. 12. Occurs whenever we do not have enough resources to produce all of the things we would like to have
  8. 13. Cost that combines variable and fixed