Griffin Cholette

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Across
  1. 1. extra or additional costs or benifits of a decision
  2. 4. land,labor,and capital resources
  3. 8. building, tools, and machines
  4. 14. imagination, innovative thinking, and managment skills
  5. 15. fines or punishment
  6. 16. gains
  7. 17. inequality exists between wants and the resources
  8. 19. soil, minerals, timber, and fresh water
  9. 21. study of the economy as a whole
Down
  1. 1. economy relies on voluntary trade
  2. 2. positive difference
  3. 3. loses
  4. 5. cost highest valued alternative given up
  5. 6. positive rewards for making a choice
  6. 7. social science that studies people individually and in groups
  7. 9. exchanging something for something else
  8. 10. physical and mental efforts
  9. 11. arrangement that allows buyers and sellers to exchange
  10. 12. study of individual consumers and business
  11. 13. process that combines economic resources
  12. 18. process of getting a product or service to consumers
  13. 20. using a product or service