ECONOMICS

1. When people have unlimited needs and wants but there is only a limited stock of resources
6. Another word for resources in economics
7. To satisfy our needs and wants from goods and services
8. Another word for goods and services in economics
9. Giving of goods to a person in exchange for another
12. A situation in which aims of two parties are not comparable
15. The people who buy the consumption to satisfy their needs and wants
16. The goods available to individuals

2. Analysis of how scarce resources are been distributed among producers, and how scarce goods and services are apportioned among consumers
3. Business person who attempts to make a profit by risk and initiative
4. Using resources to make and sell goods to satisfy our wants
5. Loss of one alternative when the other is been chosen
10. ______ is to represent an expected factor of "flexibility of thinking" in an investigation
11. The term used for resources which are insufficient to satisfy our unlimited wants
13. This is offered for sale which could be in the form of physical, virtual or cyber form
14. The main cause between human wants and resources