Chapters 1 and 2 Concepts in Graphs

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Across
  1. 3. Principle #7 considers market ____
  2. 5. Your opportunity cost is the highest valued ____ alternative
  3. 7. It makes everyone better off
  4. 9. the study of economy-wide phenomena
  5. 11. getting the most from scarce resources
  6. 14. the shape of a production possibilities curve
  7. 15. the type of statements based on how things should be
  8. 16. items provide everyone
  9. 18. the study of managing scarcity and choice
Down
  1. 1. you should pursue if the marginal ____ is greater than the marginal cost
  2. 2. A general rise in the level of prices
  3. 4. productivity affects a nation's standard of ____
  4. 6. Think at the margin
  5. 8. Alternative options for you to pursue
  6. 10. the curve that shows combinations of output produced by a country
  7. 12. the employment level when you are on the PPC
  8. 13. Induces people to act
  9. 17. when the PPC shifts outwards