Economics
Across
- 2. not enough of something
- 4. the amount a producer is willing and able to sell at a particular price and time
- 6. Payment received by workers when employed by firms.
- 7. other
- 8. goods or services that are necessary to our survival.
- 10. Production of goods and services by firms.
- 11. an object people want that they can touch or hold
- 12. cost the real cost of the next best alternative foregone.
- 13. someone who sells goods and services
- 15. someone who buys goods and services
- 17. problem that we have unlimited wants, but limited resources.
- 18. are places or situations where sellers and buyers can make exchanges
Down
- 1. are goods or services that are desired by consumers but are not essential to our survival
- 3. items that are used in the production of goods and services.
- 5. Spending by households on goods and services.
- 6. in which consumers and producers rely on
- 9. amount a consumer is willing and able to buy at a particular price and time
- 14. something some one does for you
- 16. the study of how a society uses its resources