Across
- 3. Facilities, machinery, tools and buildings used for production.
- 4. All factors remain the same (constant) when the change of one variable is investigated
- 5. An individual or business that purchases another company's goods or services
- 7. All natural resources as a factor of production
- 9. Firms,individuals and government
- 11. Someone with concern or interest in a business
- 12. Workforce as a factor of production
- 14. Output per unit of input employed.
- 16. The situation where market equilibrium has been prevented
- 17. The term for resources being finite but human needs are limited.
- 18. A general and sustained rise in prices and fall in purchasing power.
Down
- 1. A person or institution that has invested money in a business in exchange for a 'share' of ther ownership.
- 2. Generates money for essential products and services through imposing compulsory levies on individuals, by the government.
- 6. An individual who seeks out profitable opportunities and takes risks in attempting to exploit these
- 8. When economic units concentrate on producing specific goods or services
- 10. The portion of a market controlled by a certain business/product.
- 13. Making enough profit to be comfortable but profit isn’t the main goal.
- 15. The consumers desire, and willingness to pay for a product