L1 NCEA Demand #2

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Across
  1. 2. Being honest in your dealings with others
  2. 4. goods whose demand+ as income+
  3. 6. Good whose consumption incurs opp cost
  4. 9. Factors of production limited in supply
  5. 10. goods/service that a person would like to have
  6. 12. factors of production - nat., human, capital
  7. 14. Goods whose consumption incurs NO opp. cost
  8. 15. Income after taxes paid + transfer payments
  9. 16. Sticking to your word - a common value
Down
  1. 1. Core beliefs or key principles.
  2. 3. Price increase will decrease the Q demanded
  3. 5. Resources insufficient to satisfy wants&needs
  4. 7. A type of the average.
  5. 8. These are tangible objects
  6. 9. A good that can be used in place of another
  7. 11. Telling the truth - a common value
  8. 13. intangible things that someone does for you