Economics Puzzle

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Across
  1. 3. A situation where one firm dominates the market.
  2. 4. The advantages large firms gain as they increase in size.
  3. 5. A sustained increase in the average price level of goods and services over time.
  4. 6. Goods that can replace one another in consumption.
  5. 9. The total value of goods and services produced in a country in one year.
  6. 11. Actions taken by workers or trade unions to improve pay and conditions.
  7. 12. When workers stop working to protest against employers.
  8. 14. Businesses that use resources to produce goods and services.
  9. 16. The quantity of a product that consumers are willing and able to buy at different prices.
  10. 17. Growth in an economy's productive capacity.
  11. 18. Additional pay received for working beyond normal working hours.
  12. 19. The payment received by workers for the labour they provide.
Down
  1. 1. The term used to describe the extra money workers receive for meeting targets.
  2. 2. The state of rivalry between firms in a market.
  3. 7. The quantity of a product that producers are willing and able to sell at different prices.
  4. 8. Obstacles that make it difficult for new firms to enter a market.
  5. 10. Problems that arise when a business becomes too large.
  6. 13. An organisation that represents workers and aims to improve their wages and working conditions.
  7. 15. Economies gained through advertising and marketing on a large scale.
  8. 17. The amount consumers must pay to buy a product.