Across
- 4. person who organizes, operates and takes risks for a new business venture.
- 5. Intangible products that can satisfy people's wants
- 6. One of four factors of production, related to natural resources
- 7. One of four factors of production, is finance, machinery and equipment needed to produce the goods or services.
- 8. One of four factors of production, this is the number of human available to make products
- 11. When people or business concentrate on what they are best at
- 12. Physical products that can satisfy people's wants
- 13. One of four factors of production, this is the combination of other factors of production to produce products
Down
- 1. The one given up by choosing another item
- 2. Is the difference between the selling price of the product and the cost of bought in materials and
- 3. A good or service which people would like to have, but not necessary for living
- 9. An economic problem, caused by Unlimited wants of the population and Limited resources
- 10. A good or service essential for living