Across
- 4. Line that shows the different combinations of two goods an economy can produce if all resources are used up
- 5. Companies, organisations or businesses
- 6. Where demand is greater than supply and there are shortages in the market
- 7. Price at which supply and demand are equal
- 9. Goods for which demand will fall if income rises or rise if income falls
- 11. Thing that are produced in order to be sold
- 12. New business activities or projects that involve taking risk
Down
- 1. Substances used to make a product
- 2. Goods purchased together because they are consumed together
- 3. Increase in the level output by a nation
- 8. Taxes on product such as VAT
- 10. The responsiveness of demand to a change in price