Across
- 3. One supplier in the market for a product
- 8. The cost of the next best alternative
- 9. Giving something up for a different option
- 10. Economic resources are...
- 11. A perceived benefit to elicit behavior
- 12. 2 or more people owning a business together
- 14. Legal entity separate than the owners
- 16. The amount of a product available in the market
- 17. Penalty to discourage a behavior
- 18. Responsibility for business decisions/debts
Down
- 1. A few large firms control a market
- 2. Many buyers and sellers interacting in a market
- 4. Any incentive involving money
- 5. The main economic incentive for workers
- 6. Business organization with one owner
- 7. An illegal agreement between suppliers
- 13. An incentive which rewards certain behaviors
- 15. Buildings, tools, etc. used in producing a good