Introduction to Economic Terms

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Across
  1. 4. Methods used to encourage certain actions
  2. 7. Study of people/societies using limited resources
  3. 8. Cost of something you give up to get what you want
  4. 9. Expenses businesses have that vary with changes in production
  5. 11. Satisfaction received to encourage certain actions
  6. 12. Desire to produce and sell a product
Down
  1. 1. Alternatives given up when you make a choice
  2. 2. Desire for a good or service
  3. 3. Cost of using one more unit of a product
  4. 5. When supply equals demand
  5. 6. Not enough resources to meet wants of society
  6. 10. Expenses businesses have no matter how much is produced