1
																		2
			3
												4													5
												6
																				7
														8
9			10
														11
								12
																														13
	14										15
													16

Across 3. change in output that results from changing the labor input by one unit, all other factors remaining constant. 4. A decrease in the quantity supplied at every price; a shift to the left of the supply curve. 8. cost related to the next-best choice available to someone who has picked among several mutually exclusive choices 9. The situation resulting when the quantity supplied exceeds the quantity demanded of a good or service, usually because the price is for some reason below the equilibrium price in the market. 12. Factors that influence producer decisions about goods, services, or resources. 14. a situation wherein the quantity supplied is irresponsive to price changes 16. production srefers to how the marginal production of a factor oftarts to progressively decrease as the factor is increased

Down 1. graph that shows the different rates of production of two goods and/or services that an economy can produce efficiently during a specified period of time with a limited quantity of productive resources 2. any commodities or services used to produce goods and services 3. A setting where buyers and sellers establish prices for identical or very similar products, and exchange goods and/or services. 5. changes in supply brought about by factors other than price 6. entities that supply the good and services to the market 7. A increase in the quantity supplied at every price; a shift to the right of the supply curve. 9. amount of goods and services which sellers are willing to sell or supply in the market at various alternative prices at a time 10. measure of output from a production process, per unit of input 11. The market clearing price at which the quantity demanded by buyers equals the quantity supplied by sellers 13. a graphic representation of the relationship between the amounts which sellers are willing to supply the market with a particular commodity at various prices, other things held constant 15. process of production