APPLIED ECONOMICS CROSSWORD PUZZLE

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Across
  1. 7. The outcome of all the mixing raw materials or input.
  2. 9. The problem of having unlimited wants and needs in the economy.
  3. 11. Desires for non-essential items.
  4. 14. Study the decision and choices of a certain individual Units.
  5. 16. Process of setting prices of goods.
  6. 18. Concerned with the overall performance of the entire economy.
  7. 19. Process of exchanging goods and services using transaction between buyer and seller.
  8. 21. an economic system that combines elements of command and market economy.
  9. 23. Items that satisfy human wants, provide utility or usefulness, and are scarce.
  10. 25. Is when a good is scarce compared to it's demand.
  11. 28. Businesses that create and sell goods and services.
  12. 31. Refers to any value of the best foregone alternative.
  13. 32. Soil, and natural resources that are found in nature and are not manmade.
  14. 34. He described economics as study of mankind in ordinary business life.
  15. 35. A situation where the quantity of a good or service demanded by consumers at a given price is greater than the quantity supplied by producers.
  16. 36. A good that can be used in place of another.
  17. 37. Another word for human resources.
  18. 38. Things that are often sold or consumed together.
Down
  1. 1. The processed equipments, machineries.
  2. 2. Efforts of people involved in a production.
  3. 3. An individual who takes the initiative to start a new business.
  4. 4. Is when supply is limited.
  5. 5. Shows the various quantities the consumer is willing to buy
  6. 6. Materials needed in a production.
  7. 8. economic system based on customs and traditions, rather than money.
  8. 10. Social science study that is concerned with using scarce resources.
  9. 12. Essentials that are consumed in a daily basis.
  10. 13. Amount of product that is offered for sale.
  11. 14. Economic decisions and the pricing of good are based on the interaction of individuals in the economy.
  12. 15. Goods or services are willing to buy at any prices.
  13. 17. Show how quantity demanded of a good depends on determinants.
  14. 18. State in which supply and demand are balance.
  15. 20. System in which a central governmental authority sets permitted levels of production, as well as the terms of distribution and pricing.
  16. 22. Is the point at which the quantity of a good or service supplied equals the quantity demanded.
  17. 24. The demand for a good or service is greater than the availability of the good or service..
  18. 26. Someone who buys or uses goods and services for personal use.
  19. 27. Another word for Raw Materials.
  20. 29. ECONOMICS Subject about Economics.
  21. 30. This are the resources or materials came from nature.
  22. 33. Refers to the physical or financial assets used to produce goods and services.