Across
- 3. Goods essential for human survival.
- 5. buy goods & sell factor inputs
- 9. value of resource applied to best use
- 12. dom. strats of all players is 1-sided
- 13. diff of sales rev. and costs of prod.
- 14. The reaction of demand on rel. prices
- 15. Preferences for goods over needs.
- 17. cost of prod. one add. unit of a good
- 18. Qd increases when cons. income inc
- 19. The purchase of good for future sale
Down
- 1. per-unit tax adds $ of product sold.
- 2. stuff that involve in the prod.process
- 4. materials desired in the prod. process
- 6. only one firm exists in a industry
- 7. joint payoffs in a comp. situation.
- 8. Qd exceeds Q. available
- 9. only a few firms in a given industry.
- 10. A firm that has control over the price
- 11. q demanded inc if p of diff good dec.
- 16. ratio of two prices comp. to a PI.