Across
- 2. there isn't enough of something to satisfy everyone's unlimited wants
- 3. the social science studying how people, businesses, and governments make choices about allocating scarce resources to satisfy unlimited wants
- 5. a kind of compromise that involves giving up something in return for getting something else.
- 6. the objective, fact-based study of "what is" in the economy
- 7. something that motivates or encourages a person or group to do something
- 8. a branch of economics focused on value judgments
Down
- 1. is an area of the production, distribution and trade
- 4. a systematic decision-making tool that compares the total expected costs of a project or action against its total expected benefits