Basic Economic Concepts

12345678910
Across
  1. 5. inputs that are required to create outputs.
  2. 6. willingness and ability to offer a product
  3. 8. use of goods and services to satisfy human wants.
  4. 10. things we must have for survival.
Down
  1. 1. the next best alternative forgone while making a choice.
  2. 2. things we desire to have.
  3. 3. study of resources, utilization of it and how decisions are made individuals and organization.
  4. 4. willingness and ability to buy a product.
  5. 7. selection between two or more options.
  6. 9. any arrangement between buyers and sellers to exchange goods and services.