Economics
Across
- 3. the equipment and structures used to produce goods and services
- 5. an increase in total cost that arises from an extra unit of production
- 6. Costs whatever must be given up to obtain some item
- 7. ability of risk taking individuals to develop new products and start new businesses in order to make profits.
- 11. human effort directed toward producing goods and services
Down
- 1. the inputs used to produce goods and services
- 2. distribute (resources or duties
- 4. the additional benefit arising from a unit increase in a particular activity.
- 8. the study of how society manages its scarce resources
- 9. the limited nature of society's resources
- 10. natural resources and surface land and water