Ch. 2 Exploring Economics.

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Across
  1. 4. concentrating on the production of one good, or a few goods
  2. 7. Items that we do not desire or want, where less is preferred to more, such as terrorism, smog, or poison oak
  3. 9. those who combine labor, land, and capital to produce goods and services and assume the risk of running the operation
  4. 10. output per worker
Down
  1. 1. Items we value or desire
  2. 2. when an economy gets the most out of its scarce resources
  3. 3. The natural resources used in the production of goods and services
  4. 5. The physical and mental effort used in the production of goods and services
  5. 6. The equipment and structures used to produce goods and services
  6. 8. intangible items of value provided to consumers, such as education