Micro crossword

6. the increase in output that arises from an additional unit of input
8. Curve a curve showing the distribution of income in an economy.
11. two goods for which an increase in the price of one good leads to an increase in the demand for the other good
12. input costs that require an outlay of money by the firm
14. a person who receives the benefits of a good but avoids paying for it
16. the value of everything a seller must give up to produce a good
18. a measure of the responsiveness of quantity demanded or quantity supplied to one of its
19. a good for which, other things equal, an increase in income leads to a decrease in demand

1. a good for which, other things equal, an increase in income leads to an increase in demand
2. the comparison among producers according to their opportunity cost comparative advantage
3. an increase in total cost that arises from an extra unit of production
4. a market structure in which only a few sellers offer similar or identical products
5. a situation in which the price has reached the level where quantity demanded equals quantity supplied
7. the fall in total surplus that results from a market distortion, such as a tax
9. two goods for which an increase in the price of one good leads to a decrease in the demand for the other good
10. the limited nature of society's resources
11. a situation in which quantity demanded is greater than quantity supplied
13. a situation in which quantity supplied is greater than quantity demanded
15. input costs that no not require the outlay of money by the firm
17. a reciprocal relation between interdependent entities