Cross world puzzle
Across
- 3. Adam smith
- 6. Benefit the extra benefit of adding one unit
- 8. a situation in which consumers want more of a good or service than producers are willing to make available at a particular price
- 11. a person who decides how to combine resources to create goods and services
- 13. the physical objects that someone produces
- 14. the effort people devote to tasks for which they are paid
- 16. the principle that limited amounts of goods and services are available to meet unlimited wants
- 17. Cost the extra cost of adding one unit
- 18. a phrase expressing the idea that a country has fewer resources to produce consumer goods
Down
- 1. any human made resource that is used to produce other goods and services
- 2. gain another, greater benefit
- 4. the actions or activities that one person performs for another
- 5. something that people desire but that is not necessary for survival
- 7. the act of giving up one benefit in order
- 9. a phrase expressing the idea that a country that decides to produce more military goods
- 10. something essential for survival such as food or medical care
- 12. the study of how people seek to satisfy their needs and wants by making choices
- 14. all natural resources used to produce goods and services
- 15. cost the most desirable alternative given up as the result of a decision