Economics Crossword

5. the cost added by producing one additional unit of a product or service.
6. a tax imposed by a government on goods and services imported from other countries that serves to increase the price and make imports less desirable, or at least less competitive, versus domestic goods and services.
8. scarce or in short supply
9. a fixed share of something that a person or group is entitled to receive or is bound to contribute.
12. unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
14. a condition where the quantity demanded is greater than the quantity supplied at the market price.
15. any instrument, agent, etc., employed in the production of goods and services.
16. the unemployment which exists in any economy due to people being in the process of moving from one job to another.
17. a situation where workers are unemployed at certain times of the year when demand has decreased.

1. the state in which market supply and demand balance each other, and as a result prices become stable.
2. a graph that shows all of the different combinations of output that can be produced given current resources and technology.
3. the loss of potential gain from other alternatives when one alternative is chosen
4. the additional benefit arising from a unit increase in a particular activity.
7. an association of two or more people as partners.
10. someone who owns an unincorporated business by himself or herself
11. the amount of an asset or resource that exceeds the portion that's actively utilized.
13. a business entity that is owned by its shareholder(s), who elect a board of directors to oversee the organization's activities.