Economics

6. The most desirable alternative given up as the result of a decision
7. Using resources to maximize production of goods & services
9. Deciding whether to spend on military funds or goods and services for the people
11. System in which stores are controlled by the government and others privately
12. Government that controls means of production
15. High demand on services and goods ---

1. Greater education and experience leads to better productivity
2. A graph to show the possible combinations of two products
3. System in which the consumers and sellers determine prices by supply and demand
4. Feeling of regret after making an unnecessary purchase
5. Spending plan to outline expenses and financial goals
8. Limited amounts of goods and services are available to meet the demand
10. Someone who starts and operates a business
13. More resources available & if technology improves the economy to increases output levels
14. Giving up one benefit in order to gain other greaters benefits