Economics
Across
- 3. a good which has an opportunity cost to produce (8,4)
- 6. the education training and experience that workers have gained (5,7)
- 14. incapable of moving from one location to another location (14,8)
- 15. goods and services produced by the factors of production (6)
- 17. the spending on capital goods (10)
- 18. Factor of production which covers all human effort used in producing goods and services (6)
- 21. the system which rules the country (10)
- 22. a point on the PPC is an _______________ point (9)
- 23. the aim of firms in the private sector (6)
Down
- 1. the study of economic decisions and actions of individual consumers, producers and households (14)
- 2. output per worker per hour (6,12)
- 4. Capable of changing use (14,6)
- 5. PPCs are usually bowed ______________ (7)
- 7. _______________ cost is the best alternative foregone (11)
- 8. any human-made (manufactured) good used to produce other goods and services (7)
- 9. Good a good which requires no resources to produce (4,4)
- 10. agents those who undertake economic activities and make economic decisions (8,6)
- 11. ________________ Goods are wanted for the satisfaction they provide to their owners (8)
- 12. includes any gifts of nature available for production (4)
- 13. the study which considers economics issues and actions that affect the whole economy
- 16. the willingness and ability to bear uncertain risks and to make decisions in business (10)
- 19. payment for capital (8)
- 20. reward paid to labour (5)