Econs Vocabulary 1

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Across
  1. 2. ___ mobile: resources could change their locations.
  2. 5. ___ goods: human-made goods used in production.
  3. 7. a social science about resource allocation.
  4. 10. where buyers and sellers got together to trade.
  5. 11. rewards to land
  6. 12. rewards to capital
Down
  1. 1. ___ good: a product which does not require any resources to make it and so does not have an opportunity cost.
  2. 3. ___ mobile: resources could have multiple functions or different usages.
  3. 4. all human efforts.
  4. 6. a situation where there is not enough to satisfy everyone’s wants.
  5. 7. a person who bears the risks and makes the key decisions in a business.
  6. 8. ___ cost: the best alternative forgone.
  7. 9. extremely great in amount or degree.