Across 1. a range of economic & political beliefs that wealth
should be evenly distributed in a society
5. anything that serves as a medium of exchange, unit
of account, & store of value
6. the effort people devote to a task for which they are
Paid
10. any human-made resource that is used to
produce other goods & services
13. people decide what, when, & how they want to
buy & Sell
15. reward or penalty that encourages a person to
behave a certain way
Down
2. the most deseirable alternative given up
3. a person who decides how to combine resources to
make goods & services
4. little
to no change in the economy over a period of
time.
7. giving up one benefit to gain another greater
benefit; a choice
8. an economic & political system in which a country's
trade & industry are controlled by private owners for
profit
9. level of unemployment when there is no cyclical
unemployment
11. ali natural resources used to produce goods &
services
12. limited amount of goods & services are available
to meet unlimited wants
14. political system in which the government owns &
controls all resources & means of production, &
makes all economic decisions

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

send the charted data