Introduction to Economics

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Across
  1. 3. type of good that is used to create another good
  2. 6. resources such as land, labor, and capital
  3. 8. examples include food, clothing, and shelter
  4. 10. type of good that satisfies a need or a want, such as a car or hamburger
  5. 11. What you give up when you make a choice
  6. 13. paying someone for the use of their skill
  7. 14. human activity used to produce a good or service
Down
  1. 1. all the possible combinations of how fixed resources can be used to produce goods
  2. 2. the use of science to develop a new product or to make one better
  3. 4. the use of money of tools to create a good
  4. 5. something you would like but is not necessary for survival
  5. 7. choosing one thing or another for purchase or consumption
  6. 9. People who take risks by starting and organizing a business
  7. 12. the concept of having unlimited wants but limited resources
  8. 14. natural resources