Introduction to Economics

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Across
  1. 2. people who do the work to produce goods and services
  2. 5. one more
  3. 9. the satisfaction received from consuming a good or service
  4. 11. the required resources to produce goods and services
  5. 14. goods and services that we desire, but aren't necessary for our survival
  6. 15. sacrifices that must be made when we choose one thing over another
  7. 16. the worth of a good or service as determined by the market
  8. 17. the basic economic problem
  9. 18. an action that is performed for somebody else
  10. 19. things we must have in order to survive: food, shelter, clothing
Down
  1. 1. the tools, equipment, machinery, and factories that are used to produce goods and services
  2. 3. natural resources required to produce goods and services
  3. 4. a measure of output per unit of input
  4. 6. benefits, rewards, or costs that motivate our economic decisions
  5. 7. tangible items that are economically useful or satisfy a want
  6. 8. the people who take a risk to start a new business or create a new product
  7. 10. the cost of producing one more unit of a good or service
  8. 12. the value of the next best use of money, time, or resources that we give up when we make a trade-off
  9. 13. one of our most valuable resources