fundamental economics

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Across
  1. 2. seeks to understand the functioning and dynamics of the markets for wage labour
  2. 3. something that is desired
  3. 5. it's cash in hand that is available for spending, whether on day-to-day necessities or long-term projects.
  4. 8. the process of discovering new ways of combining resources
  5. 9. something needed to survive.
  6. 10. any natural resource used to produce goods and services
  7. 11. the demand for a good or service is greater than the availability of the good or service.
  8. 12. a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology.
Down
  1. 1. the resources required to produce goods and services that people want
  2. 4. the value of the next-best alternative when a decision is made
  3. 6. a reward or motivation provided in monetary terms.
  4. 7. a balancing of factors all of which are not attainable at the same time