Across
- 5. the branch of economics concerned with large scale or general economic factors
- 7. change in demand when there is a change in price
- 8. income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes
- 9. an economic system combining private and state enterprise
- 11. change in quantity supply/ change in price
- 12. it is good which can have a negative impact on the consumer.
- 14. a stock or amount of something supplied or available for use
- 16. it is an good that experiences an increase in its demand due to a rise in consumers income
- 18. it describes a good whose demand drops when people's income rise
- 19. buyers demand does not change as much as the price changes
Down
- 1. it is a good or service used in conjunction with another good or service
- 2. higher responses to price changes
- 3. an economic system in which production and prices are determined by unrestricted competition between privately owned business
- 4. income, especially when of an organization and of a substantial nature
- 6. a sum of money granted by the state or a public body to a help a industry or business keep the price of a commodity or service
- 10. it is a product or service that can be easily replace with another by consumers
- 13. the part of the economic concerned with single factors and the effect of individual decisions
- 15. total amount of goods and services that all consumers are willing and able to purchase at a specific price
- 17. consumers willingness and service to buy a product
