Across
- 3. using a product or service
- 8. study of economy as a whole
- 10. extra or additional costs or benefits
- 13. rewards for acting positive
- 15. total sales are greater than total costs
- 16. Economy relies on voluntary trade as primary
- 19. buildings, tools, and machines created for good
- 21. studies how people decide to use resources production combines economic resources
Down
- 1. Costs highest alternative given up
- 2. gains that result when a choice is made
- 4. inequality exists between wants and resource
- 5. study of consumers and business
- 6. getting a product to consumers
- 7. of Production land,labor, and capital resources
- 9. soil,minerals,human,and capital
- 11. allows buyers and sellers to make exchanges
- 12. exchanging something for something else
- 14. imagination,innovative thinking,skills
- 17. physical and mental effort to create goods
- 18. fines or punishment
- 20. losses that result when a choice is made