Across
- 3. Your opportunity cost is the highest valued ____ alternative
- 5. items provide everyone
- 6. you should pursue if the marginal ____ is greater than the marginal cost
- 10. A general rise in the level of prices
- 11. productivity affects a nation's standard of ____
- 12. the study of managing scarcity and choice
Down
- 1. getting the most from scarce resources
- 2. It makes everyone better off
- 4. Alternative options for you to pursue
- 7. Principle #7 considers market ____
- 8. Induces people to act
- 9. Think at the margin