Alexa Yoder - Economics puzzle

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Across
  1. 3. economy - economy that relies on voluntary trade as the primary means of organizing and coordination production.
  2. 4. - are positive rewards for making some kind of choice or behaving in a certain way.
  3. 8. - means that an inequity exists between wants and the resources available to justify them.
  4. 10. - exchanging something for something else.
  5. 11. - the imagination, innovative thinking, and management skills needed to start and operate a business.
  6. 13. - natural resources are unaltered gifts of nature, such as soil, minerals, timber, and fresh water
  7. 16. - a process that combines economic resources so the result is a good or service that is available for sale.
  8. 17. - using a product or service, completes the want-satisfaction chain.
  9. 18. - human resources/ labor the physical and mental efforts people use to create goods and services.
  10. 20. - social science that studies how people, individually acting in groups, decide to use scarce to satisfy their wants.
  11. 22. - study of individual consumers and businesses
Down
  1. 1. - often relate to such things as fines or punishment.
  2. 2. - positive difference between total sales and total costs.
  3. 5. of production - land, labor, and capital resources
  4. 6. - the extra costs or benefits of a decision
  5. 7. the process of getting a product or service to consumers.
  6. 9. - the study of economy as a whole
  7. 12. - their gains
  8. 14. - an arrangement that allows buyers and sellers to make exchanges.
  9. 15. resources are the buildings, tools, and machines people create and use to produce final goods and services.
  10. 19. cost - the highest valued alternative given up as a result of making a choice.
  11. 21. - losses