Microeconomics Crossword

A diagram used to represent the monetary transactions in an economy.
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector.
A type of business entity that's owned and run by one person.
A type of business owned or run by two owners.
A financial gain.
A company or group of people authorized to act as single entity.
A state of limited competition, in which a market is shared by a small number of producers.
Only one market gives services
A type of market that sells similar products.
The part of economics concerned with single factors and the effects of individual decisions.
A market where a business can go and purchase resources to produce goods and services
Buyers will exchange with sellers when they want to purchase goods or services from sellers.
All else equal, an increase n price results in an increase in quantity supplied
All other factors being equal, as the price of a good or service increase
Price of good or service of which quantity supplied is equal to quantity demand
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price.
A market that has a broad range of cometitors who are selling identical products
Something that motivates or encourages someone to do something
An excess of production