Across
- 3. The difference between the cost of your products and the amount of money earned
- 6. Intangible acts bought, sold, or exchanged
- 7. The part of economics concerned with single factors and the effects of individual decisions
- 9. A person who purchases and uses something
- 10. Taking a risk and starting a business on your own
- 11. The price of a commodity when sold in a given market
- 13. Tangible things bought, sold, and exchanged
- 16. The degree of wealth and material comfort available to a person or community
- 18. Anything with monetary value that can be used for your business
- 20. An economic system where a country's trade and industry are controlled by private owners for profit rather than the state
- 21. How much of a product people overall want or need
- 22. Added value to a product
Down
- 1. A state where the market supply and demand balance each other and prices become stable
- 2. This measures the amount of goods and services(or real gross domestic product) produced by an hour of labor
- 4. A supply of money, materials, and other assets used for a business to function effectively
- 5. The part of economics concerned with large-scale economic factors
- 8. How much of a product is available
- 12. The basic structures and facilities needed for a society or enterprise to function
- 14. A person, group, or country that makes things to sell
- 15. The rate at which the prices for goods and services rises and falls, and how valuable money is
- 17. The total value of goods produced and services provided in a country during one year
- 19. When there is not enough supply for the demand