Economics Vocabulary

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Across
  1. 4. transation when 2 parties trade goods
  2. 6. intangible act paid for buy buyer
  3. 8. Item bought
  4. 9. An activity use goods,labor,capital
  5. 12. Division of resources
  6. 13. satisfaction from good or service
  7. 14. objects used in production
  8. 15. Can live without and can't live without
Down
  1. 1. assets of a company for production
  2. 2. A way to exchange goods and services
  3. 3. seperation of work into different tasks
  4. 5. focus on one good or service to be best
  5. 7. increased production of good or service
  6. 8. how much output from given input
  7. 10. commodity produced for buyer
  8. 11. In short supply
  9. 16. the value of all assets owned by etc.