Engineering Economics Crossword Puzzle

QUESTIONS LIST:

• economics : deals with people and their assets and resources
• intangible : cannot be reduced to monetary values (irreducible)
• commodity : economic product
• luxuries : goods that should be acquired only after all necessities have been satisfied
• market : exchange between buyer and seller
• monopoly : meralco
• oligopsony : many sellers, few buyers
• demand : need, want or desire for a product backed by money to purchase it
• sale : supply is the amount of product made available for _ .
• equilibrium : quantity demand is equal to quantity supplied
• interest : income from an invested capital
• principal : amount loaned
• compound : earning interest on both the initial principal and the accumulated interest from previous periods
• nominal : basic annual interest
• bimonthly : m = 6