Across
- 1. to be responsible for something.
- 5. has a private sector and a public sector.
- 7. number of people available to make products.
- 9. all the natural resources provided by nature.
- 10. somone who sets up his or her own business.
- 12. occurs when people and businesses concentrate on what they are best at.
Down
- 2. the difference between the selling price of a product and the cost of bought in materials and components.
- 3. a business owned by one person.
- 4. an individual running a business.
- 6. the next best alternative given up by choosing another item.
- 8. helps to organize your work, and identify where you are going with your business.
- 11. finnance, machinerry and equipment needed for the manufacture of goods.
- 13. skill and risktaking ability of the person who brings the factors of production together to produce a good or service.