Economics Crossword

2. goods where an increase in price for one results to a decrease in demand for the other
4. the general increase in costs
5. getting the most out of your available resources
9. the measure of the responsiveness of one economic variable to a change in another
10. a tax on goods produced abroad and sold domestically
12. a common measure to show an economy's size
13. the limited nature of a resource
14. a market where a single seller dominates a product
15. focusing on one area
16. goods produced domestically and sold abroad
19. the impact of one person's decisions on another person
20. quantity demanded > quantity supplied
21. the value of a sacrifice to reach a goal (monetarily in most cases)

1. the quantity of a good that consumers are willing to purchase
3. quantity demanded = quantity supplied
6. the equipment and structures used to create goods and services
7. goods produced abroad and sold domestically
8. a market where only a few sellers offer similar or identical product
11. total revenue - total cost
13. the feeling of being safe or secure
15. quantity supplied > quantity demanded
16. the study of making choices when resources are limited
17. the amount of resources available
18. goods where an increase in price for one results to an increase in demand for the other