Across
- 4. go up
- 8. human-made goods used in production
- 10. a situation where there is not enough to satisfy everyone's wants
- 12. a product that can be used in place of another
- 15. a product that is used together with another product
- 16. the willingness and ability to buy a product
- 17. a payment by a government to encourage the production or consumption of a product
- 18. an arrangement which brings buyers into contact with sellers
Down
- 1. human effort used in producing goods and services
- 2. the output per factor of production in a hour
- 3. a situation where demand and supply are not equal
- 5. a payment to the government
- 6. a person who bears risks and makes the key decisions in a business
- 7. the best alternative forgone
- 9. go down
- 11. factors used to produce other goods and services
- 13. the willingness and ability to sell a product
- 14. risk bearing and key decision making in business