Across
- 2. refers to the skills and knowledge needed to produce
- 5. the limited nature of society's resources
- 7. a point beyond the PPC is considered...
- 8. "______ costs"; defined as the most desirable trade-off
- 11. a point along the PPC is considered...
- 12. desires that can be satisfied by consuming a good or service
Down
- 1. a point inside of the PPC is considered...
- 3. all human made resources
- 4. the study of scarcity and choices
- 6. effort in which a person is paid
- 9. basic requirements for human survival
- 10. refers to natural resources needed to produce