Economics Unit 1 Crossword

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Across
  1. 1. goods and services that are produced by firms and individuals
  2. 3. the manufactured resources
  3. 6. the skills of a business person that requires to combine and manage the factors of production
  4. 8. a simple presentation of the maximum level of output that an economy can achieve when using its existing resources
  5. 9. the next best choice given up when making a decision
  6. 11. intangible actions that a person provides for another
  7. 13. goods that are limited in supply
  8. 14. the Human Resources
  9. 16. physical/tangible object
  10. 17. a good or service that is essential to living
Down
  1. 2. when a supply of resource cannot meet the demand for it
  2. 4. the natural resources required in the production process
  3. 5. goods that are unlimited in supply
  4. 7. goods and services that are produced by the government
  5. 10. goods bought for consumption by the average consumer
  6. 12. man-made products used by a business to produce consumer or other capital goods
  7. 15. a good or service that people would like to have