Econ 203 Introduction

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Across
  1. 3. name of SI leader
  2. 4. when people's wants are greater than what they have
  3. 6. provide land,labor,and capital to the market for the factors of production
  4. 7. level of production that cannot be achieved given current level of technology and available resources
  5. 10. how people manage their resources
  6. 11. form of economics that focuses on the national and international scales
Down
  1. 1. simplifications of complex problems
  2. 2. cost associated with the value you have to give up in order to get something
  3. 5. point where given available resources and technology it is possible to produce more output
  4. 8. form of economics that focuses on the individual and firms
  5. 9. receives labor from the market for goods and services