Microeconomics Midpoint Review- Mrs. Face

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Across
  1. 1. Government payment to support a producer
  2. 4. Starting and managing a business
  3. 6. when you run low on something
  4. 7. The value of the next best alternative
  5. 9. Economy where government controls production
  6. 12. Giving up one thing for another
  7. 13. Combines market and government control
  8. 15. Money or assets used to start a business
Down
  1. 2. Consumers’ desire for a product
  2. 3. When supply is greater than demand
  3. 5. Limited resources vs. unlimited wants
  4. 8. Amount of goods available for sale
  5. 10. Market with only one seller
  6. 11. Place where buyers and sellers meet
  7. 14. Extra cost of producing one more unit