Across
- 7. the use of a good or service
- 8. a person who organizes and assumes the risk of a business venture
- 9. all the resources of the land, sea and air
- 10. deals with the economic problems of the individual, the fir, and the industry
- 13. the ability of a good or service to satisfy a want
- 14. the time and effort expended by human beings involved in the production process
Down
- 1. a separate legal entity, apart from its owners which functions as a business
- 2. goods used to produce other goods and services
- 3. a schedule of the total quantities of a good or service that purchasers will buy at different prices at a given time
- 4. a business owned by two or more persons
- 5. the total quantities of a good or service that sellers stand ready to sell at at different prices at a given time
- 6. deals with the aggregates of economics, including total production, total employment and the general price level
- 8. study of how people within a society make choices and how these choices determine the use of society's resources
- 11. rivalry among individuals and firms for sales to consumers
- 12. the act of organizing and assuming the risk of a business venture