ECON Vocab Review 9/9

12345678910
Across
  1. 2. highest valued alternative
  2. 5. value is always what?
  3. 7. ____ Possibility Frontier
  4. 9. statement prescribing how the world should be
  5. 10. foregone alternative
Down
  1. 1. statement describing how the world is
  2. 3. when goods go to the person who values it the most
  3. 4. advantage to produce all same good using few inputs
  4. 6. study how we use limited resources to satisfy unlimited wants
  5. 8. rewards and penalties that motivate behavior