Economics

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Across
  1. 3. principle that there are not enough of a certain item to satisfy the demand for it
  2. 5. decision making process in which you compare what you will sacrifice and gain by a specific action
  3. 6. the study of how people seek to satisfy their needs and wants by making choices
  4. 7. something that is required in order to survive
  5. 8. situation where consumers want a good or service, where as produces cannot make at a certain price
  6. 11. alternatives we give up when we choose one course of action over another
  7. 12. resources used to make goods and services
Down
  1. 1. the asset you are willing to give up in order to gain another
  2. 2. action or ability that someone performs for another
  3. 3. division of citizen classes based on wealth
  4. 4. any human-made resource used to produce other goods and services
  5. 9. physical object that someone produces
  6. 10. something you desire but do not require