Economics

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Across
  1. 3. Being creative and thinking outside the box.
  2. 5. The amount of goods and services available
  3. 6. The people who create and sell goods and services
  4. 7. Something you desire but do not require for survival
  5. 8. Anything that can be used in the production process to produce a good or service. These are also called the factors of production
  6. 9. The amount of money expected, required, or given in payment for a good or service
  7. 12. cost
  8. 14. The type of consumer who buys flashy goods and services and does not care about the price
  9. 17. Something you must have in order to survive, like water
  10. 18. The amount of goods and services consumers are wanting.
Down
  1. 1. A consumer who buys from the same store, regardless of price, day, weather or occasion.
  2. 2. What we miss out on when making a choice; when more than two options are available. What we miss out on from the next best option.
  3. 4. When there are limited resources for our unlimited wants and needs
  4. 10. The study of dealing with unlimited wants and needs but limited resources.
  5. 11. A person who takes the risk and starts their own business
  6. 13. The type of consumer who wants to purchase goods when they are on sale.
  7. 15. One of the factors of production which is about workers.
  8. 16. The people who purchase goods and services