Across
- 2. A factor of production that includes all natural resources.
- 6. Human effort used in producing goods and services.
- 9. The process of making goods and services.
- 10. Happens when demand is greater than supply.
- 11. The quantity of a good producers are willing and able to sell at a given price.
- 12. The reward earned by the entrepreneur (enterprise).
Down
- 1. A person or organization that deliver goods and services to consumers.
- 3. The quantity of a good consumers are willing and able to buy at a given price.
- 4. The basic economic problem of limited resources and unlimited wants.
- 5. The decision made when we select one option over another.
- 7. The act of using goods and services to satisfy wants.
- 8. The amount of money paid for a good or service.
