Economics chapter 1

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Across
  1. 2. not able to be felt by touch
  2. 4. able to be felt by touch
  3. 6. branch of economics that deals w human behavior & choices to small parts
  4. 7. anything that's used to produce goods or services
  5. 11. explanation of how something works, designed to answer question has no obvious answer
  6. 12. graphic representation of all possible combinations of 2 goods economy can produce
  7. 19. additional
  8. 21. quality of bringing dissatisfaction
  9. 22. tasks that ppl pay others to perform for them
Down
  1. 1. something that encourages/ motivates a person to take action
  2. 3. special talent that ppl have for searching out & taking advantage of new business opp.
  3. 5. means of deciding who gets what portion of available resources
  4. 8. all natural resources found in nature
  5. 9. most valued opp. or alternative given up when a choice is made
  6. 10. something we desire to have
  7. 11. situation having more of 1 thing means having less of another
  8. 13. physical & mental talents ppl corgialtribute to production of goods & services
  9. 14. science that studies choices of ppl trying to satisfy their wants in world of scarcity
  10. 15. condition which our wants are greater than resources available to satisfy them
  11. 16. produced goods that can be used as resources for further production
  12. 17. quality of bringing satisfaction
  13. 18. anything that satisfies a person's wants or brings satisfaction
  14. 20. branch of economics that deals w human behavior & choices to entire economy