Across
- 3. tax levied on spending
- 6. cartels are formed
- 9. workforce of the economy
- 10. when a worker is paid for each item they produce
- 15. when a business changes its prices and others must follow
- 17. managerial economies is an example of
- 18. individuals or groups that receive adavantages and have responsibility of an organisation or society
- 20. when workers are given smaller jobs through the division of labour
- 22. when markets lead to inefficiency
- 23. shifts when fashions and trends change
- 25. both the public and private sector provide goods and services
Down
- 1. not having enough money to repay your debts
- 2. when a government pays money to encourage production of a certain good or service
- 4. goods that are bought and consumed together
- 5. when a company increases the range of good and services they produce
- 7. diverse products
- 8. the part of the companies profit that are shared between the shareholders
- 11. when supply and demand are equal
- 12. illegal agreements between businesses
- 13. something that discourages someone from entering a market
- 14. artificial resources
- 16. when the government transfers a railway to a private business
- 19. when there is more demand than supply
- 21. a smaller market supplying a specific need or want
- 24. how much money a business generated