Across
- 3. all natural resources used to produce goods and services
- 5. individuals who combine the other factors of production to create businesses
- 6. is the study of choices, the science of scarcity, knowledge concerned with the production, consumption, and transfer of wealth.
- 8. tools machinery, buildings used in the production
- 9. refers to the resources needed to produce goods and services.
Down
- 1. Study of small economic units such as individuals, firms, and markets.
- 2. Study of the large economy as a whole
- 4. any human effort, physical or mental, that goes into producing goods and services, including marketing, distribution, and selling
- 7. we have unlimited wants but limited resources