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"Mid-term Examinations in Economics ": HTML5 Crossword

Across

3. Basic human requirements for life and survival (5,0)
5. Human-made resources including machinery, tools, factory buildings, used in the production of other goods and services (7,0)
7. The willingness and ability of one or more consumers to purchase a product (9,6,0)
9. The act or process of using resources to make and supply goods and services to satisfy human wants and needs (10,0)
11. The using up of goods and services by consumers to satisfy their human needs and wants (11)
12. The study of 'big' economic issues that affect a whole economy such as changes in national income, price inflation and unemployment (14,0)
14. Any resources that are limited in supply and scarce relative to human wants (8,5,0)
16. The ability to move factors of production from one productive use or location to others (6,8,0)
19. Human effort used up in productive activities (6,0)
20. Products for which demand will rise as consumer's income rise (6,5,0)

Down

1. It consists of all the producers and all the consumers of a particular good or service and involves exchange between them (6,0)
2. Payments made to the owners of factors of production in return for supplying them to firms for productive use (6,7,0)
4. Skills possessed by successful entrepreneurs including the ability to organize resources into firms for the purpose of production (10)
6. Demand for these type of products will tend to fall as consumer's income rise (8,5,0)
8. Scarce resources used to produce goods and services (7,2,10,0)
10. All natural resources used in the production of other goods and services (4,0)
13. Products that compete to satisfy the same or very similar consumer demand (11,0)
15. Products that are in joint demand because they are consumed together (11,0)
17. The willingness and ability of producers to make and sell a given product (6,0)
18. Any resources that are unlimited in supply (4,5,0)

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