Across
- 2. Through their purchases, consumers determine what goods and services will be produced
- 3. Is the amount of a good or service that consumers are willing and able to buy at a certain price.
- 5. Rising of prices
- 8. What is given up when a choice is made
- 9. The amount of a good or service that producers are willing and able to sell at a certain price.
- 11. Inability to satisfy all wants at the same time
- 14. Interaction of consumers, businesses, and markets
- 15. Selecting an item or action from a set of alternatives
- 18. Rivalry between producers/sellers of a good or service
- 19. Using goods and services
- 20. Earnings after all expenses have been paid.
- 22. Amount of money exchanged for a good or service
- 23. Following after
Down
- 1. Markets that are allowed to operate without undue interference from the government.
- 4. The combination of resources to make goods or provide services
- 6. A form of business organization with two or more owners who share the risks and the profits.
- 7. Distribution
- 10. A form of business organization with one owner who takes all the risks and all the profits.
- 12. Pieces/parts
- 13. Person who takes a risk to produce goods and services in search of a profit
- 16. A form of business organization that is authorized by law to act as a legal person regardless of the number of owners
- 17. Things that motivate or incite people to change a behavior
- 21. Factors used in the production of goods and services