Across
- 4. the positive difference between total sales and costs
- 7. the land, labor, and capital
- 9. the effort put into making the goods and services
- 12. the operation of the business
- 13. the extra costs
- 14. Study of the economy as a whole
- 17. study of the individuals
- 18. the buildings the goods come from
- 19. the losses
- 20. positive rewards of making some kind of choice
- 21. exchanging something for something else
Down
- 1. giving products to the consumers
- 2. allows buyers and sellers to make exchanges
- 3. using a product you bought
- 5. where the natural resources are located
- 6. economy an economy that relies on voluntary trade
- 8. a process that combines economic resources
- 10. the gains
- 11. fines or punishments
- 12. a social science used to tell how people act
- 15. the highest valued alternative
- 16. an inequality exists between wants and resources