Type
Crossword
Description

This crossword contains the following questions and answers:

A situation where there is not enough to satisfy everyone's wants Scarcity
gifts of nature available for production Nature
human made goods used in production capital
output per worker productivity
spending on capital goods investment
Risk bearing and decision making in business enterprice
Best alternative forgone opportunitycost
a product that does not require resources to produce economicgood
an economy where the consumers what is produced market
an economy where both public and private sectors play an important role mixed
willingness and ability to buy a product demand
when demand and supply are not equal disequilibrium
income after tax disposable income
average cost of production unitcost
payment by government to encourage production consumption of a product subsidy
responsiveness of demand to change in price elasticity

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Economic Terms Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

the basic problem of economics that makes us make choices scarcity
the most desirable sacrifice when you make a choice opportunity cost
how useful something is utility
"all other things remaining constant" ceterisparibus
land, labor, capital and entrepreneurship factorsofproduction
production possibilities curve frontier
the "unseen" force which helps people make business decisions invisiblehand
Adam Smith's most well known book thewealthofnations
the type of economy that is typically run by dictators and makes minimal wealth command
the kind of economy that is usually centered around an agricultural community traditional
teh ability to use the factorss or production more efficiently than another nation absoluteadvantage
answers, "which nation has the lower opportunity cost for producing a certain product?" comparative advantage
a system where goods or services are directly exchanged for other goods or services barter
this kind of demand has a gentle slope elastic
this kind of demand has a steep slope inelastic
this always shifts the supply curve to the right technology
a cost that shfts the supply curve to the left taxes
a financial benefit usually given by the government that shifts the supply curve to the right subsidies
this type of demand has a perfectly vertical curve perfectlyinelsatic
this type of demand has a perfectly horizontal curve perfectlyelastic
good thats quantity demanded decreases when consumer income rises inferiorgood
a good thats quantity demanded increases when consumer income rises normalgood
excess or overgae surplus
not enough of something shortage
FC/Q= AFC

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fundamentals of economics Crossword

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Description

This crossword contains the following questions and answers:

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

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Economics Chapter 1 Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

condition that results from not having enough resources to produce all the things we would like to have scarcity
The study of how people try to satisfy seemingly unlimited and competing needs and wants. economics
a basic requirement for survival need
something we would like to have want
tangible economic product good
work performed for someone service
land, labor, capital, and entrepreneurs factors of production
the value of the next best alternative given up opportunity cost
consumer rights were part of the a movement called consumerism
sum of people's skills, abilities,health, and motiviation human capital
learning a task very well specialization
where all of the factors of production are bought and sold factor market
market in which goods and services are bought and sold product market

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Crossword Macroeconomics

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This crossword contains the following questions and answers:

A firm's expenditure on capital goods that will be used in the production of goods and services investment
Three sector economy is also known as Closed economy
Investment that depends on the national income induced
Investment that fixed and independent of income autonomous
Factor that influence imports inflation
The total income received by household in an economy that is available to purchase goods and services or for savings disposable income
Four sector economy is also known as open economy
This tax burden can be transferred to other parties indirect tax
What is formula of consumption function? C=a+bYd
The main component in aggregate demand are Investment and? consumption

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Supply and Demand Crossword

Type
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Description

This crossword contains the following questions and answers:

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

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Economic vocab Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

Limited quantities of resources to meet unlimited wants. Scarcity
Resources that are used to make ALL goods and services. Productive resources
Food, air, and shelter and attention we desire. Wants & needs
The most desirable alternative given up as the result of a decision. Opportunity cost
An alternative we sacrifice when we make a decision. Trade-off
Natural resources that are used to make goods Land
The effort that a person devotes to a task for which that person is paid. Labor
Any human-made resource that is used to produce other goods and services. Capital
The process of designing, launching, and running a new business. Entrepreneurship
use an economy's resources. Possibilities curve
choices decision making
Satisfaction or utility that a person receives from consuming an additional unit of a good or service. Marginal benefit
The cost of producing one more unit of a good. Marginal costs
The concentration of the productive efforts of individuals and firms on a limited number of activities. Specialize
elimination of government power in a particular industry, usually enacted to create more competition within the industry. Deregulation
the state or quality of producing something, especially crops. Productivity
Situation in which allocation of goods and service is not efficient Market failure
theoretical socially-enforced constructs in economics for determining how a resource or economic good is used and owned. Property rights
service that is provided without profit to all members of a society, either by the government or a private individual or organization Public goods
product that must be purchased to be consumed, and its consumption by one individual prevents another individual from consuming it. Private goods
Where the government, rather than the free market, determines what goods should be produced Command system
economic system consisting of a mixture of either markets and economic planning, public ownership and private ownership, or free markets and economic interventionism. Mixed system

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Economics Supply and Demand Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

a move along a demand curve to the left contraction
the amount a customer is willing to pay for a good price
given by government to encourage more production of a good and lower price subsidy
determinant of supply weather
quantity a producer is willing and able to produce at a given price in a given period supply
this occurs when firms leave the industry supply decreases
customers become concerned about the production effects of a product on the ........... environment
this occurs as a result of improved productivity increase in supply
the amount a person is willing and able to pay for a good effective demand
government imposes an ........ ... which is then used to educate people about the dangers of the good indirect tax
price achieved in market increases (from producer's point of view) extension in supply
tastes shift towards the good concerned demand increase
mathematical relationship between price and quantity demanded inverse
determinant that increases demand when it increases income
type of good when increase in price of one good (A) causes demand for another good (B) to increase substitute
should interest rates on credit cards increase, demand for holidays ..... falls
a firm stops paying overtime leading to lowered ..... .. .......... costs of production
coffee with cream is example of these goods complementary
customers buy more of these goods when their income decreases inferior
innovation in computers - supply determinant technology

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Sports Marketing Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

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

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Chapter 1 Word Search

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Word Search
Description

This word search contains the following answers:

market economy
opportunity cost
tradeoff
services
wants
market price
demand
mixed economy
traditional economy
capitalism
goods
command economy
consumer
supply
scarcity
needs
economic resources
economic system
producers
economic decision-making

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Economics Vocabulary Words Word Search

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Word Search
Description

This word search contains the following answers:

Capitalism
Command Economy
Corporation
Demand
Demand Elasticity
Federal Budget
Free Enterprise
Grant In Aid
Individual Income Tax
Law Of Demand
Macroeconomics
Merger
Paternership
Perfect Compertitor
Price Ceiling
Scarcity
Sherman Anti-trust Act
Shortage
Skilled Labor
Sole Proproetorship
Tafy Hartley Act
Technological Monopoly
Trasnfer Payment
Value
Who What & How

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