Across
- 5. another term used to describe firms in an economy
- 6. Economic decision maker who owns factors of production
- 7. The level of output produced per unit of input used.
- 8. Economic decision maker that provides rules and regulations to run the economy
Down
- 1. Process of converting factors of production to goods and services
- 2. Economic decision maker who produces goods and services
- 3. another term used to describe households in an economy
- 4. Study of scarcity of resources and man's unlimited wants
- 5. The rationale for producers to supply goods and services