ECONOMICS

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Across
  1. 5. Raw materials, labour, money
  2. 10. An essential to live
  3. 11. Poor management of resources leads to this
  4. 12. Person who buys goods or rents services
  5. 13. The amount of a good for sale at a particular price and time
  6. 15. Money, equipment, buildings to turn raw materials into products
  7. 16. Management of money, resources of a country
  8. 17. A shortage results in _____ prices
Down
  1. 1. A surplus results in _______ prices
  2. 2. Value of a good agreed upon by consumer and producer
  3. 3. When more goods and services are available than the demand
  4. 4. A luxury
  5. 6. All things are limited, give up one thing to get another
  6. 7. When not enough goods or services are available to meet demand
  7. 8. Best quality at lowest price
  8. 9. Manufacturer of goods to sell
  9. 11. Ability and willingness of people to buy a good
  10. 14. Money gained in excess of costs