Economics

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Across
  1. 2. ________ cost - Change with the level of outputs
  2. 4. Process of transforming inputs into outputs
  3. 5. Country that has Mixed economic system in Asia
  4. 7. ________ economies of scale - Benefit enjoyed within the firm
  5. 9. Economic ______ - An outward movement of PPC
  6. 11. Reward from Enterprise
  7. 13. _________ economy - Small percentage of primary sector
  8. 15. Economies of _____ - Advantages enjoyed by the large firms
  9. 16. ________ good - Wanted for its Own Sake
  10. 17. Business Know-how
  11. 18. Reward from Capital
  12. 19. _____ cost - Sum of Fixed cost and Variable cost
Down
  1. 1. Economic system is how economies decide on the __________ of resources
  2. 3. _______ economy -Economic system which fully controlled by Goverment (Public sector)
  3. 6. Feature of Division of Labour
  4. 8. Reward from Land
  5. 10. ___________ cost - The Next Best Alternative cost
  6. 12. Resources that are used to make Output
  7. 14. Limited Resources
  8. 16. Man-made goods