economics

7. , Not having sufficient resources to produce enough to fulfill unlimited wants.
8. , the ease with which workers can move from one geographical area to another in order to secure employment
11. , The process of allocating resources in an economy, or between economies
13. , The next best alternative forgone.
14. , Goods and services which are scarce because of the limited availability of the factors of production
15. , the ability of a worker to change occupations when they lose a job

1. , are the inputs required for the production of goods and services.
2. The resources of land, labour, capital and enterprise
3. , on the other hand, are those which are abundant in supply, usually referring to natural sources such as air and sunlight.
4. , is a system whereby workers concentrate on performing a few tasks and then exchang uction for other goods and services
5. , all the human resources available in an economy. That is, the mental and physical efforts and skills of workers/labourers.
6. , The separation of tasks within a system, could be an individual, company or country who specialises.
9. , the ability to take risks and run a business venture
10. , all natural resources in an economy. This includes the surface of the earth, lakes, rivers, forests, mineral deposits, climate etc.
12. , all the man-made resources available in an economy.