Chapters 4 and 5 - Key Terms to Study Crossword

Worth of a business, minus debt
Sellers and buyers exchange goods here
Value of best foregone alternative (2)
Diminishing value caused by time and wear
How much to sell, at what cost, and when depends on this (2)
Result of more supply than demand, at a given price
Price at which good can be sold on open market (2)
Result of more demand than supply, at a given price
Excess of total revenue over total expenditures
Quantity demanded and supplied are balanced
Availability of substitutes causes demands for most goods to be this
Graphic representation where price is the variable (2)
Axis representing quantity supplied
The part of the economy controlled by government (2)
One good used in conjunction with another (2)
Direct benefit received by the owner of a good (3)
Change in demand can be caused by this
Change in supply can be caused by this (2)
Regulated price level, above equilibrium price (2)
Axis representing price