MicroEconomics

4. the quantity of a good or service that producers are willing to offer to buyers in the marketplace
5. the costs or benefits arising from economic activity that affect uninvolved third parties
7. the state where supply and demand are balanced
9. the economic problem where finite resources are insufficient to the human demands
11. all naturally occurring resources
14. an entity that has the ability to translate inventions or technologies into products and services
15. anything relating to money
16. man-made, durable assets—such as machinery, buildings, and technology—used to produce goods and services

1. tangible, man-made assets—such as machinery, buildings, computers, and infrastructure
2. the mandatory money that is paid to governments by individuals or businesses to fund public services like infrastructure, education, and healthcare
3. the money that is paid by a government or other authority in order to help an industry or business, or to pay for a public service
6. consumer willingness to pay the price for a good or service
8. He is a big rat
10. the human effort—both mental and physical—used to produce goods and services
12. different choices or options available when making decisions due to limited resources
13. the deliberate actions taken by a government or central bank to influence economic activity, markets, or industries