Across
- 3. a person who takes risk
- 6. anything that brings value
- 7. -not using all productive resources
- 8. Study of choices and how a society allocates scarce resources
- 10. cost- opportunity lost when one alternative is chosen another
- 13. method of distribution of goods and services
- 14. -resources are limited
- 15. equipment and factories used in the production of goods and services
Down
- 1. -vital to sustain
- 2. any factor”financial “
- 3. -using all productive resources
- 4. off-economic situation related to opportunity cost
- 5. -factors of production
- 9. goods- a tool or equipment used to produce other goods
- 11. -anything taken from earth
- 12. of production -land,labor
- 14. worker performs in a different field