Across
- 2. The main resources used in production: land, labor, capital, and entrepreneurship.
- 4. The point where the quantity supplied equals the quantity demanded.
- 6. What you give up when you choose one option instead of another.
Down
- 1. A measure of how strongly buyers or sellers respond to a change, such as a change in price.
- 3. A situation where supply is greater than demand at a certain price.
- 5. Something that encourages a person or business to act in a certain way.