Across
- 2. Those who undertake economic activities & make economic decisions (households, firms, governments).
- 4. Resources needed to make goods & services.
- 5. The factors of production that takes risks & makes decisions.
- 6. The willingness & ability to buy a product.
- 7. A diagram showing the maximum combined output of 2/more products a firm can produce with it's available resources.
- 9. When demand is not equal to supply.
Down
- 1. Goods & services produced by resources.
- 3. Next best alternative forgone to satisfy another
- 8. The willingness & ability to sell a product.