Economics
Across
- 2. a model used to show the tradeoffs associated with allocating resources between the production of two goods
- 4. the measurement of the benefit derived from a good or service to an individual or a company
- 6. financial motivations for people to take certain actions
- 8. tangible product
- 11. something that you would like but you do not really need
- 13. work that is done for other people
- 14. the act of starting and running your own business
- 15. property resources used to produce goods and services
- 16. something that you must have to survive
Down
- 1. what you have to give up in order to get something else
- 2. the natural, human, and capital resources used to make goods and services
- 3. any natural resource used to produce goods and services
- 5. the total satisfaction received from consuming a good or service
- 7. the amount of physical, mental, and social effort used to produce goods and services
- 9. a limited supply
- 10. an accumulation of valuable economic resources that can be measured in terms of either real goods or money value
- 12. a situation where making one choice means losing something else