Econ Unit 1- definitions

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Across
  1. 2. they are limited organic materials as well as inputs
  2. 4. man made resources
  3. 7. the private costs + external costs
  4. 10. it can be land,capital or labour
Down
  1. 1. the satisfaction from consuming the products they buy
  2. 3. they show the maximum combined output of two or more products a firm or an entire economy can produce with its available resources
  3. 5. its the study of how to allocate limited resources
  4. 6. what for humans in unlimited
  5. 8. a person who purchases goods and services for personal use.
  6. 9. Organization in which entrepreneurs combine resources to produce goods and services