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Factors OF Production Crossword Puzzle

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Factors of Production



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3 the science of the study of the prices of producing and selling goods/services
5 someone who studies economics
6 how effective the use of resources is when making/providing a good/service
8 any 'tool' made by humans and use to produce a good/service
9 focusing on one specific product/service
10 what you give up to achieve something else (think vacuuming vs laundry) (two words)
11 money borrowed or lent
13 the person(s) who organizes and brings together the economic resources needed to produce goods/services
1 any form of human exertion used to produce a good/service
2 this happens because resources are finite but wants are insatiable
4 gifts from Mother Nature (two words)
7 the costs of producing a good/service
12 money paid/earned for investing money
14 choosing between two 'things' you want - you cannot have both of them at the same time
15 money earned after all expenses are paid
16 the percentage used to determine how much interest is paid
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