Across
- 2. – The money a firm spends to produce goods or services.
- 6. – Money a firm earns from selling its goods or services.
- 8. – The total amount of goods or services a firm produces.
- 9. – A measure of how much demand or supply changes when price changes.
- 10. – Producing goods in the best possible way without wasting resources.
Down
- 1. – A market where many firms sell similar or identical products.
- 3. – A way firms inform or persuade customers to buy their products.
- 4. – The money a firm keeps after subtracting all costs from total revenue.
- 5. – A market with one seller and no close substitutes.
- 7. – The point where demand equals supply in a market.