Across
- 1. money after expenses have been paid
- 6. striving for the same customer or market
- 7. when wants are greater than resources
- 8. intangible products
- 11. a company that is organized for commercial purposes
Down
- 2. if a change in price has little effect on the quantity demanded
- 3. a business that files bankruptcy
- 4. an idea that has commercial value
- 5. a business undertaking involving risk
- 9. buildings, money, goods needed to purchase a product
- 10. amount that consumers are willing to buy
- 12. study of choices into making, distributing, and consuming products