Across
- 5. Raw materials, labour, money
- 10. An essential to live
- 11. Poor management of resources leads to this
- 12. Person who buys goods or rents services
- 13. The amount of a good for sale at a particular price and time
- 15. Money, equipment, buildings to turn raw materials into products
- 16. Management of money, resources of a country
- 17. A shortage results in _____ prices
Down
- 1. A surplus results in _______ prices
- 2. Value of a good agreed upon by consumer and producer
- 3. When more goods and services are available than the demand
- 4. A luxury
- 6. All things are limited, give up one thing to get another
- 7. When not enough goods or services are available to meet demand
- 8. Best quality at lowest price
- 9. Manufacturer of goods to sell
- 11. Ability and willingness of people to buy a good
- 14. Money gained in excess of costs