Across
- 2. Where prices of good or services are regularly rising over a period of time
- 3. How much people want something
- 4. A measure of all goods and services produced in Australia during a year
- 7. The next best option
- 8. Something that is essential for life
- 9. In order for you to get to places
- 13. Something that is non-essential for life
- 15. The price where consumer demand equals the supply of goods.
- 17. Is a level of Market Competition and there is only one firm
- 18. What is the study of the production, distribution and consumption of wealth in human society.
Down
- 1. Which country has the highest GDP
- 5. When you produce to much
- 6. the degree of wealth and material comfort available to a person or community.
- 10. Is a level of Market Competition Many Firms, Highly Competitive
- 11. Is a level of Market Competition and there is a few firms
- 12. A situation where potential buyers are in contact with potential sellers.
- 14. The person power available to work in production
- 16. In order to make money
- 19. If the price increases then the quantity supplied increases.
