Microeconomics 1

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Across
  1. 4. Reward for labour
  2. 5. Reward for enterprise
  3. 10. Economics based on facts
  4. 11. Human effort in production
  5. 12. Physical items produced for sale
  6. 14. Entrepreneurial ability
  7. 16. Limited resources vs. unlimited wants
  8. 18. Branch of economics that studies individual units
  9. 20. Consumer willingness to buy
Down
  1. 1. Amount of money exchanged for a good
  2. 2. A place where buyers and sellers meet
  3. 3. A person who buys goods and services
  4. 6. Reward for capital
  5. 7. Branch that studies aggregates
  6. 8. Essential inputs used in the production of goods and services
  7. 9. Producer willingness to sell
  8. 13. Intangible products provided
  9. 15. Economics based on value judgments
  10. 17. Machinery, buildings, and tools
  11. 19. Reward for land