Across
- 2. Decisions made regarding resource use.
- 5. Inputs used to produce goods and services. Opportunity Cost Value of the next best alternative forgone.
- 8. Quantity of a good consumers want to buy.
- 9. Motivators that influence economic behavior.
- 11. Rivalry among businesses for market share.
- 13. Price at which supply equals demand. Trade-offs Choices made when allocating limited resources.
- 17. Creation of goods and services.
- 18. Distribution of resources for various uses.
- 20. Delivery of goods to consumers.
- 21. Amount of a good producers are willing to sell.
- 24. Expenses incurred in producing goods and services.
- 25. Positive outcomes from an economic decision.
- 26. A place for buying and selling goods.
Down
- 1. Limited resources to meet unlimited wants.
- 3. Intangible activities that provide value.
- 4. Use of goods and services.
- 6. Individuals who purchase goods and services.
- 7. Desires for non-essential goods and services.
- 8. Choices made to achieve specific goals.
- 10. Additional benefit or cost from an incremental change.
- 12. Different options available when making decisions.
- 14. Satisfaction gained from consuming a product.
- 15. Optimal use of resources to minimize waste.
- 16. Tangible products that satisfy needs and wants.
- 17. Amount paid for a good or service.
- 19. Study of resource allocation and decision-making.
- 22. Entities that create goods and services.
- 23. Essential requirements for survival.