Across
- 4. the wise use of limited resources used to maximize the greatest output
- 5. The study of the choices made by economic actors such as households, and companies
- 6. of production resources that can be used to produce goods and services
- 11. distribute resources in order to satisfy the greatest number of needs and wants
- 14. A focus on a particular task of skill in an activity or work
- 16. Resources such as tools, equipment and buildings used to produce goods and services
- 18. A person who studies economic choices
- 19. the level of output that results from a given level of input
- 20. Anything that people use to make or obtain what they need or want
- 21. People who make things that satisfy consumers' needs and wants
Down
- 1. Resources provided by human physical or intellectual abilities
- 2. the assignment of different people to different tasks to maximize productivity
- 3. Actions or activities that are performed for a fee
- 7. Goods such as buildings, machines, technology and tools needed to produce goods and services
- 8. The study of the choices that people make to satisfy their needs and wants
- 9. person who is a risk taker who develops new business and products
- 10. Technical knowledge and methods to make existing products more efficiently
- 12. People who decide to buy things
- 13. Physical objects that can be purchased
- 15. Unlimited needs and wants and limited resources3
- 17. Resource that is provided by nature