CROSSWORD GROUP N

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Across
  1. 7. Spending on capital goods to increase future production,
  2. 9. TAX, A tax imposed on individual or company earnings,
  3. 10. A situation where resources are limited but human wants are unlimited,
  4. 12. Financial assistance provided by the government to reduce costs,
  5. 15. Raw substances used to produce goods,
  6. 18. A person who uses goods and services to satisfy needs and wants,
  7. 19. A term that describes how responsive quantity demanded is to a change in price,
  8. 20. A compulsory payment made to the government,
Down
  1. 1. Additions to the circular flow of income, such as investment and government spending,
  2. 2. Goods and services bought from other countries.
  3. 3. Total income received by a firm from sales,
  4. 4. The steps involved in converting inputs into outputs,
  5. 5. A market structure with only one seller and no close competitors,
  6. 6. Organizations that produce goods or services for profit,
  7. 8. The expense incurred in producing a good or service,
  8. 11. Factors that originate from within an organization or firm,
  9. 13. The willingness and ability of consumers to buy a good or service at a given price,
  10. 14. Human effort used in the production of goods and services,
  11. 16. EMPLOYMENT, A situation where all available labour resources are fully utilized,
  12. 17. The amount of money paid for a good or service,