| Hint | Answer |
|---|
| Fixed Costs | |
| Goods used with other goods | |
| Limitations of the price system | |
| The use of technical knowledge and methods to create new products or make existing products more efficient | |
| Economic rivalry that exists between businesses selling the same or similar products | |
| Consumers | |
| Opposite of Elastic Demand | |
| Amount of a good or service consumers are willing or able to buy | |
| When supply is more than demand | |
| Encouragement to behave a certain way | |
| Free exchange of goods and services | |
| What room number is this? | |
| When one seller controls all production of a good | |
| A change in output generated by adding one more unit of input | |
| One of the three economic questions | |
| A small price change causes a large change in demand | |
| An economy where the government answers all three economic questions | |
| McDonalds is an example of this type of business organization | |
| What planet is not named after a god? | |
| Business owned and controlled by two or more people | |
| Producers | |
| What shirt did Mr. Wies wear on January 10th? | |
| A pizza a bicycle and a tennis shoe are... | |
| One of the three economic questions | |
| When sellers agree to set production levels or price levels | |
| Another name for Authoritarian Socialism | |
| A person who studies economics | |
| The impulse that encourages people to fulfill their wants and needs | |
| Economy where individuals answer the three economic questions | |
| Lessening in value | |
Famous Foursomes
'A' Game
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