Alec Richardson Economics crossword

3. Studies of individual consumers and businesses.
7. Process of moving a good or service so that it is available to the consumer.
9. What is lost in a deal.
10. The exchange of one good for another.
12. How rare a resource is compared to the amount it is wanted.
13. What is gained in a deal.
17. Positive difference when subtracting total sales from total costs.
19. An economy that uses voluntary trade as primary production.
20. The combination of land, labor, and capital resources.
21. A social science studying how people use their resources to satisfy wants.

1. The highest costing alternative that you could have had if you didn't purchase what you did.
2. A negative reward for making a choice.
4. A resource that is man-made to help refine a good to its final retail state.
5. Imagination and management skills used to start a business.
6. Combines economic resources to make something able to be sold.
8. The positive reward for making a choice.
9. To use a good or service.
11. A productive resource that includes natural resources such as fresh water and lumber.
14. Study of the whole economy.
15. The physical and mental efforts a person uses to create goods and services.
16. Arrangement that allows consumers and sellers to exchange goods.
18. Extra costs or benefits of a decision.