Fundamentals of Economics

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Across
  1. 4. something that motivates us to perform a specific action
  2. 6. the branch of economics focused on the economy of a country or region
  3. 9. the worth of a good or service is determined by how much an individual values it
  4. 10. different options people have when deciding how to use their resources
Down
  1. 1. unplanned results (either positive or negative) that happen after choosing to do something
  2. 2. money paid for borrowing money or earned for lending it
  3. 3. when more of a resource is used to produce a good, the additional output will eventually decrease
  4. 5. an economic acronym that stands for “there is no such thing as a free lunch"
  5. 7. the distributing or setting aside of resources for a specific purpose
  6. 8. the money a business makes after subtracting all costs from its earnings