Across
- 2. factor of production
- 3. produces and sells goods and services with the aim of generating revenue and making a profit
- 7. graphical model that represents all of the different combinations of two goods that can be produced
- 10. factor of production
- 11. factor of production
Down
- 1. increase in the production of goods and services in an economy
- 4. a state in which market supply and demand balance each other
- 5. factor of production
- 6. people who buy
- 8. amount of a resource that firms are willing and able to provide to the marketplace
- 9. consumer's desire to purchase goods and services and willingness to pay