Chelsea Emond Economics Puzzle
Across
- 4. -the study of the economy as a whole.
- 9. -the way total output, income,or wealth id distributed.
- 12. -the study of individual consumers and businesses.
- 14. -arrangement that allows buyers and sellers to make exchanges.
- 17. -fines or punishments.
- 20. -extra or additional costs or benefits of a decision.
Down
- 1. -advantage or profit gained from something.
- 2. -cash or liquid assets held or obtained for expenditures.
- 3. -wants> Available resources
- 5. economy -an economy that relies on voluntary trade as the primary means of organizing and coordinating production.
- 6. -amount of physical
- 7. cost -the loss of potential gain from other alternatives when one is chosen.
- 8. -social science that studies how people act in groups or alone.
- 10. -a positive reward for doing or behaving well.
- 11. -Total sales> total cost
- 13. -a process of combining various materials inputs and immaterial inputs.
- 15. of production -resources or inputs are what is used in the production process.
- 16. -creation or extraction of value.
- 18. -exchanging something for something else.
- 19. -the use of goods and services by households.
- 21. -natural resources