economics

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Across
  1. 2. the process of discovering new ways of combining resources
  2. 6. physical assets that a company uses in the production process
  3. 8. a resource, such as sunlight or air, which is so abundant that its availability is not a constraint on economic activity.
  4. 9. an economic system in which prices are determined by unrestricted competition between privately owned businesses
Down
  1. 1. the loss of other alternatives when one alternative is chosen
  2. 3. the proportion of a loan that is charged to the borrower
  3. 4. the part of economics concerned with single factors and the effects of individual decisions
  4. 5. work done by human beings
  5. 7. the rate of increase in prices over a given period of time