Abby Walwro Chapter 1 Test

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Across
  1. 4. vision, skill, and daring to take risks to run a business
  2. 5. study of the behavior of the economy as a whole
  3. 7. value of the next best alternative
  4. 8. verifiable facts
  5. 11. natural resources used
  6. 14. human time
  7. 15. desire resources
  8. 16. making the best decision based on all your options
  9. 17. benefit or satisfaction gained from goods/services
  10. 18. numerical data
  11. 23. study of individuals in the economy
  12. 25. representation of complex economics
Down
  1. 1. makes or provides goods and services
  2. 2. value judgement
  3. 3. survival items
  4. 6. all resources made/used to create a good/service
  5. 9. resources used to their maximum
  6. 10. not using resources to their fullest
  7. 12. using one more unit of a good/service
  8. 13. physical objects that can be purchased
  9. 19. works done for payment
  10. 20. biggest economic problem
  11. 21. the next best alternative
  12. 22. benefits offered to encourage people
  13. 24. buys goods or services