Cabre Johnson economics

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Across
  1. 4. any human-made resource that is used to produce other goods and services
  2. 7. graph that shows alternative ways to use an economy's productive resource
  3. 12. effort people devote to tasks for which they are paid
  4. 14. extra benefit of adding one unit
  5. 15. physical objects that someone produces
  6. 16. process of deciding how much more or less to do
  7. 18. how people seek to satisfy their needs and wants by making a choice
  8. 20. something that people desire but that is not necessary for survival
Down
  1. 1. a person who combines resources to create goods and services
  2. 2. cost of producing one more unit of a good
  3. 3. natural resources used to produce goods and services
  4. 5. the most desirable alternative given up as the result of a decision
  5. 6. resources used to make good and services
  6. 8. something essential for survival
  7. 9. the principle that limited amounts of goods and services are available to meet unlimited wants
  8. 10. actions or activities that one person performs for another
  9. 11. use of fewer resources than an economy is capable of using
  10. 13. using resources to maximize the output of goods and services
  11. 17. the alternatives that we give up when we choose one course of action over another
  12. 19. consumers want more than producers are willing to make available at a certain price