Marketing & Entrepreneurship

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Across
  1. 5. to an economist, the alternative that is given up because of a decision (it “cost” you hunger pains if you don’t eat lunch)
  2. 6. an arrangement that allows buyers and sellers to exchange things
  3. 8. something like air, food, or shelter that is necessary for survival
  4. 9. the study of the economic behavior and decision making of small units, such as individuals, families, and businesses.
  5. 10. any human made resource that is used to create goods and services
Down
  1. 1. the study of the behavior and decision making of the entire economics
  2. 2. limited quantities of resources to meet unlimited wants
  3. 3. The study of how people seek to satisfy their needs and wants by making choices
  4. 4. an item that we desire but is not essential for survival
  5. 7. using resources in such a way as to maximize the production of goods and services