Economics Crossword

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Across
  1. 2. consumers will buy more of a good when its price is lower and less when its price is higher
  2. 4. a cost that does not change, no matter how much of a good is produced
  3. 6. a factor that can change
  4. 7. a graph of the quantity supplied of a good at various prices
  5. 8. goods that are used in place of one another
  6. 9. government intervention in a market that affects the production of a good
  7. 12. a tax on the production or sale of a good
  8. 14. describes demand that is very sensitive to a change in price
  9. 19. the statistical characteristics of populations and population segments, especially when used to identify consumer markets
  10. 20. a Latin phrase that means "all other things held constant"
  11. 21. the cost of operating a facility, such as a factory or a store
  12. 25. the sum of fixed costs plus variable costs
  13. 26. the amount of goods available
  14. 27. a table that lists the quantity of a good all consumers in a market will buy at various prices
  15. 29. two goods that are bought and used together
Down
  1. 1. the amount that a supplier is willing and able to supply at a specific price
  2. 3. the cost of producing one more unit of a good
  3. 5. graphic representation of a demand schedule
  4. 8. when consumers react to an increase in a good's price by consuming less of that good and more of a substitute good
  5. 10. the total cost divided by the quantity produced
  6. 11. a table that lists the quantity of a good a person will buy at various prices in a market
  7. 13. a chart that lists how much of a good all suppliers will offer at various prices
  8. 15. the change in consumption that results when a price increase causes real income to decline
  9. 16. a good that consumers demand less of when their incomes increase
  10. 17. a good that consumers demand more when their incomes increase
  11. 18. a government payment that supports a business or market
  12. 22. a chart that lists how much of a good a supplier will offer at various prices
  13. 23. describes demand that is not very sensitive to price changes
  14. 24. the desire to own something and the ability to pay for it
  15. 28. producers offer more of a good as its price increases and less as its price falls