May 6th 2014
Mind Teasers
page 11
Sudoku
Noughts
And
Crosses
Crossword
Down
1) Expenses faced by a business
3) Third party effects arising from production / consumption of goods and services
for which no compensation is paid.
4) The exchange of goods or services
5) The quantity of goods or services that a
firm is willing and able to provide at any
given price level
7) Any firm with greater than 25% of the
industries' total sales.
9)Quantity of goods or services that
consumers are willing and able to buy at a
given price in a given time period.
Across
2) A person who purchases goods and
services for personal use.
6) An organisation that uses factors of
production to create goods and services
8) When total revenue exceeds total cost
10) Political leader of the UK
11) Goods that are used to produce other
goods. Fixed ______ includes machinery,
equipment, factories and buildings
12) Businesses can bring down their average
costs by producing on a larger scale.
13) An individual who seeks to supply
products to a market for a rate of return.