Ch. 2 Economic Decision-Making crossword

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Across
  1. 2. marginal _________ is extra gain/reward from doing more
  2. 3. graph of maximum output given present resources and technology
  3. 4. all options given up when making a decision
  4. 7. best option not selected when a decision is made
  5. 8. both variables increase or decrease
  6. 11. knowledge used in the production of goods and services
  7. 12. analysis based on values/opinions
  8. 15. benefit outcome of a cost benefit analysis
  9. 16. comparing additional reward and investment of an action as part of decision-making
  10. 17. the goal of making the most of available resources and technology
Down
  1. 1. failure to use all resources efficiently
  2. 3. economic analysis based on facts that can be tested
  3. 5. _____ __ ____________opportunity costs shows cost increases as production of other goods increases
  4. 6. simple way to examine relationships between variables
  5. 9. variable change in opposite direction
  6. 10. how much more or less to do
  7. 13. extra investment needed for an additional unit of change
  8. 14. ability to increase production by adding resources or improved technology