Across
- 4. total revenue - total cost
- 5. two companies in completely different industries merge
- 7. fixed costs : (price per unit - variable cost per unit)
- 9. how many goods a worker can produce in an hour
- 11. a large change in price has little effect on the demand
- 12. the costs that depend on the number of units produced
- 13. products that can be replaced by others
- 14. total revenue - profit
Down
- 1. a company owned by its shareholders
- 2. goods, that it doesn't make sense to buy without another good
- 3. the study of economics within households and small businesses
- 6. a firm, that doesn't earn profit for themselves
- 8. the study of economics at a national/global scale
- 10. the percentage of money you're obliged to give back after a loan