Economics Review Crossword 2025

2. When supply exceeds demand at a certain price.
6. ________ goods: Goods that are often used together, like peanut butter and jelly.
10. Mr. _________ is my economics teacher.
11. An increase or decrease in the price of a good/service influences the production of a good or service (Tomatoes for making sandwiches).
13. The amount of a good or service people are willing to buy at a price.
14. The amount of a good or service producers are willing to sell at a price.
18. ________ economy: An economy based on customs, traditions, and barter.
19. The value of the next best alternative given up when making a choice.
21. The amount of potential consumers within an area or demographic
22. A person or company that makes and sells goods or services.

1. _______ goods: Goods that can replace each other when one becomes expensive.
3. ______ economy: An economy where the government controls production and pricing.
4. ______ Action: When interference or intervention from authorities increases or hurts production (taxes or subsidies).
5. The natural resources used to make a good or service.
7. A person who buys and uses goods and services.
8. A market where one seller controls the supply of a good or service.
9. ________ price: The price at which the quantity demanded equals the quantity supplied.
12. The condition of having limited resources to satisfy unlimited wants.
14. When demand exceeds supply at a certain price.
15. The work and effort people put into producing goods and services.
16. The tools, machinery, and resources used to produce goods.
17. _______economy: An economy where supply and demand determine production and pricing.
20. A market where a few large firms dominate.