Across
- 1. An intangible item for which people will pay
- 3. What word is defined as the study of the choices individuals and societies make in production, distribution, and consumption of goods?
- 5. What is the quantity of a good for sale at a certain price under certain conditions?
- 9. What riddle did Carl Menger solve?
- 10. Something difficult to live without
Down
- 2. an item produced to directly satisfy people's wants
- 4. good Anything used in the production of a good
- 6. Who was the founder of the Austrian school of economics?
- 7. What is the mechanism that allows people to exchange goods?
- 8. A tangible item for which people will pay