Across
- 2. the term for all the activities involved in developing and exchanging products.
- 3. an action or task that is performed, usually for a fee
- 6. describes the characteristics of a product that satisfy wants and needs
- 7. something a person must have in order to survive
- 8. anything that can be bought or sold, commonly known as goods or services
- 10. the difference between income earned and expenses incurred by business during a specific period of time
- 12. something a person desires but can survive without
- 13. physical item that can be touched
Down
- 1. an individual or group who buys products
- 4. someones who purchases goods and services for their own use
- 5. level of material comfort measured by the goods, services, and luxuries available
- 9. anywhere buyers and sellers meet to exchange goods
- 11. money earned in exchange for work