Economics Vocab Part 1

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Across
  1. 4. the amount of goods or services people are willing or able to buy at different prices.
  2. 6. the inability to satisfy all wants and needs at one time.
  3. 9. combining of resources to make goods and provide services.
  4. 12. the amount of a good or service a company is willing and able to provide at different prices.
  5. 13. the point where supply and demand meet.
  6. 14. the amount of money exchanged for a good or service.
  7. 15. things that entice or motivate.
Down
  1. 1. companies will sell more at higher prices and less at lower prices.
  2. 2. factors of production that are used to make goods and services
  3. 3. consumers will buy more at lower prices and less at high prices.
  4. 5. skills and ideas to help start a business
  5. 7. the use of goods and services.
  6. 8. The study of choices.
  7. 10. what is given up when a choice is made.
  8. 11. selection of an item or action from a set of possible alternatives.