Economics puzzle

2. this type of economic system involves both the government and private sector making decisions in the economy
4. this type of capital is need to purchase assets
7. this examines the next best alternative that is given up whenever a choice is made
8. these are the resources needed for production to take place
12. total cost is equal to fixed cost plus ________
13. this type of capital is used for the day to day operations of the business
14. this is where a person is doing a job because it is what he or she is good at
16. this type of opportunity cost means the same amount of one good is given up whenever production of other good is increased

1. this cost looks at the change in total cost when one extra unit is produced
3. this refers to the number of persons available for productive activities
5. this is the study of how scarce resources are allocated
6. natural disaster is likely to cause the PPF to shift to the _______________
8. there are _______ factors of production
9. this exist since there is limited resources but unlimited wants
10. the three sectors of the economy are households _____ and government
11. this type of labour does not require any form of formal training and education
15. this is a measure of the rate of production