Across
- 1. Founder of microeconomics.
- 5. Amount received from the sale of goods
- 8. A situation where demand of a good exceeds its supply.
- 9. Goods produced by an industry in a given period of time.
- 10. Expenditure incurred for producing a commodity.
- 11. A factor of production.
- 12. Goods sold to other countries.
Down
- 2. Rate at which prices of goods and services rise in a country.
- 3. Transformation of inputs into outputs
- 4. McDonald's and Burger King are _____ goods.
- 6. Measurement of a nation's economy.
- 7. Want satisfying power of a commodity.