Across
- 2. the reward for labour (5)
- 7. a collection of workers from the same industry (5,5)
- 8. the value of the next best alternative (11,4)
- 10. the opposite of a spender (5)
- 12. when workers focus on just on task (14)
- 14. when an economy has both a private and public sector (5)
- 17. an alternative for another good e.g. coke and pepsi(10)
- 18. when supply is much greater than demand (7)
- 19. when the PED or PES comes out at a figure of 1 (7)
Down
- 1. when resources are finite (8)
- 3. where supply and demand meet (11)
- 4. how governments fund their activities (8)
- 5. the label for the y axis on an S & D graph (5)
- 6. the reward for land (4)
- 9. the responsiveness to changes in price(10)
- 11. one of the factors of production (10)
- 12. the payment to producers to encourage supply (7)
- 13. when a good is unresponsive to changes in price (9)
- 15. one of the characteristics of money that means it lasts (7)
- 16. another name for fringe benefits (5)