Type
Word Search
Description

choice
competition
consumer
Demand
markets
Price
Production
Profit
resources
Supply

Introduction to Business Word Search

Type
Word Search
Description

mixed economy
command economy
supply
entrepreneurial resources
economic systems
demand
price
market economy
market research
economics
capital resources
natural resources
scarcity
business
competition
resources
goods
needs
wants
services
profit
consumer

Microeconomics Crossword

Type
Crossword
Description

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

Introduction to Business Ch 1 & 2 vocabulary Word Search

Type
Word Search
Description

mixed economy
command economy
equilibrium price
demand
supply
price
market economy
economic systems
economics
entrepreneur
entrepreneurship
entrepreneurial resources
capital resources
;abor resources
natural resources
factors of production
scarcity
consumer
market research
competition
profit
business
resources
services
goods
needs
wants

Sports Marketing Crossword

Type
Crossword
Description

The way a nation makes economic choices Economy
All the things used in producing goods and services resources
Money needded to start and operate a business Capital
All the people who work in the economy labor
rising prices inflation
The time when the economy is flourishing prosperity
Increase in overall economy activity Recovery
The struggle between companies for customers competition
The potential for loss or failure in relation for improved earnings Risk
exclusive control over a product or the means of producing it monopoly
money earned from busines after all costs and expenses have been paid profit
The amount of goods producers are willing to make and sell supply
consumer willingness and ability to buy products demand
when supply exceeds demand surpluses
when demand exceeds supply shortages
when the amount of a product being supplied is equal to the amount being demanded equilibrium
consumers will buy the products that are the lowest in price Price Competition
eveverything on the Earth that is in its natural state, or the earths natural state, or Earth's natural resources Land
The difference between wants and needs and available resources scarcity

fundamentals of economics Crossword

Type
Crossword
Description

a steady long term increase in real GDP economic growth
the loss of potential gain from other alternatives when one alternative is chosen opportunity cost
goods used to produce more goods capital goods
a person who uses a good or service consumers
another name for a centrally planned govt. comand economy
there is no such thing as a free lunch TINSTAAFL
give up one benefit to gain another trade-off
the rivalry among sellers trying to achieve such goals as increasing profits competition
a general increase in prices across an economy inflation
a risk-taker in search of profits entrepreneur
a income that does not increase even when prices go up fixed income
study of how people satisfy unlimited wants through careful use of realtive scarce resource economics
physical objects that somone produces goods
the power of consumers to decide what gets producded consumer sovereignty
a financial gain profit
economic system that relies on habit traditional economy
any government system that provides monetary assistance to people with an inadequate or no income. social security
gross domestic product GDP
how much it is worth in money value
the accumulation of products that are tangible, scarce, useful, and transferable from one person to another wealth
mental/physical work or production labor
shortage scarcity
an economy in which prices and wages are determined mainly by supply and demand market economy

Supply and Demand Crossword

Type
Crossword
Description

The amount of goods available. Supply
When producers offer more of a good as its price increases. law of supply
The amount that a supplier is willing and able to supply at a specific price. Quantity supplied
A cost that rices or falls depending on the quantity produced. Variable cost
A cost that does not change. fixed cost
A tax on the production or sale of a good. Excise tax
The sum of fixed costs plus variable costs. Total cost
The cost of producing one more unit of a good. marginal cost
The total cost divided by the quantity produced. Average cost
The cost of operating a facility such as a factory or a store. Operation cost
The desire to own something and the ability to pay for it. Demand
To buy more of a good when its price is lower. law of demand
when consumers react to an increase in a goods price by consuming less. Substitution effect
The change in consumption that results when a price increases causes real income to decline. income effect
A table that lists the quantity of a good a person will buy at various prices in a market. Demand schedule
A table that lists the quantity of a good all consumers in a market will buy at various prices. market demand
a graphic representation of a demand schedule. demand curve
A good that consumers demand more when their incomes increases. normal good
A good that consumers demand less of what their incomes increase. Inferior good
The statistical characteristics of population and population segments. demographics
A measure of how consumers respond to price change. Elasticity of demand
The total amount of money a company receives by selling goods or services. total revenue

The Free Enterprise System Crossword

Type
Crossword
Description

Encourages individuals to start and operate their own businesses without government involvement. Free Enterprise System
The struggles between companies and consumers. Competition
Focuses on the sale of a product. Price Competition
Business choose to compete on the basis of factors that are not related to price Nonprice Competition
Full control of a specific market and the production method. Monopoly
Is a potential for loss or failure in relation to the potential for improved earning. Risk
Money left over after paying for the costs and the expenses. Profit
Is the amount of goods producers are willing to make and sell. Supply
Refers to consumer willingness and ability to buy products. Demand
When there is an excess of goods for the demand Surpluses
When the demand is too high and exceeds the product Shortages
When there is equal supply and for the demand. Equilibrium

Microeconomics Word Search

Type
Word Search
Description

Quantity
Equilibrium price
Subsidies
Inputs
Number of sellers
Productivity
Pure competition
Monopolistic competition
Monopoly
Oligopoly
Profit
Corporation
Partnership
Sole proprietorship
Shortage
Price ceiling
Surplus
Price floor
Incentive
Law of demand
Law of supply
Medium of exchange
Product market
Microeconomics

Chapter 6 and 7 Vocab. Crossword

Type
Crossword
Description

The point where the demand and supply meet together Equilibrium
This occurs when the quantity demanded is more than quantity supplied Excess Demand
The maximum price that can be legally charged for a good Price Ceiling
a price ceiling placed on rent Rent Control
When quantity supplied exceeds quantity demanded at a given price Surplus
a situation in which the quantity demand is greater than the quantity supplied, Shortage
The financial and opportunity cost consumers pay in searching for a good or service Search Cost
The lowest price that an employer can pay a worker for an hour of labor Minimum Wage
A sudden shortage of a good Supply Shock
Dividing up goods and services using criteria other than price Rationing
This allows consumers to pay more so they can buy a good when rationing makes it otherwise unavaiable Black Market
Cost of production that affect people who lave no control over how much of a good is produced Spillover Cost
A product that is considered the same regardless of who makes or sells it Commodity
Factors that make it difficult for new firms to enter a market Barriers to Entry
A market structure in which a large number of firms all produce the same product Perfect Competition
this forms when barriers prevent firms from entering a market that has a single supplier Monopoly
When the monopolist mat be able to divide consumers into two or more groups and charge a different price for each group. Price Discrimination
They give a company exclusive rights to sell a new good or service for a specific amount of time Patent
This enables a monopolistically competitive seller to profit from the difference between his or her products an d competitors' products Differentiation
Describes a market dominated by a few large, profitable firms Oligopoly
Combination of two or more companies into a single firm Mergers
Laws the encourage competition in the marketplace Antitrust Law
Selling a product below cost to drive competitors out of the market Predatory Pricing
When the government no longer decides what role each company can play in a market and how much can charge its comsumers Deregulation
An agreement among sell at the same time or very similar prices Price Fixing
This refers to an agreement among members of an oligopoly to set prices and production levels Collusion

Capitalism Word Search

Type
Word Search
Description

businesses
resources
money
demand
needs
wants
profits
freedom
buy
consumer
individuals
competitition
capitalism
high
shareholders
services
supply
market
private
control
choice
goods