Economics
Across
- 2. the protection or promotions of the interest of consumers
- 4. choices that are given up in favor of the choice we select
- 7. people with all their efforts, abilities, and skills
- 8. resources that are used in production of goods and services
- 9. economic system where private citizens own and use the factors of production for their own profit or gain
- 10. risk takers in search of profits who do something new with existing resources
Down
- 1. a measurement of economic performance that compares the amount of goods and services produced
- 3. the key feature of circular flow that allows buyers and sellers to exchange a specific product
- 5. the state of being scarce in short supply
- 6. cost the loss of potential gain from other alternatives when one alternative is chosen