Entrepreneurship

4. An economy where both the private and public sector plays an important role.
6. An economy where consumers determine what is produced, resources are allocated by the price by the price mechanism and land and capital are privately owned.
7. Is the per unit production of a firm.
9. Raising customer awareness of a product or brand, generating sales, replace to create brand loyalty.
12. Is the amount of output that can be produced from a given input of resources.
13. Is the overall quantity of output that a firm produces.
14. Industry that provides a service.

1. Is the change in output resulting from employing one more unit of a particular input.
2. Industry that process primary goods into manufactured goods.
3. An economy where government makes critical decisions, land and capital is owned by government.
5. Industry that extracts raw materials from the earth, such as coal,fish ,wheat etc.
8. How scarce resources are distributed between competing uses.
10. Workers specialising in a particular task.
11. How a country decides what to produce, how to produce and for whom to produce.