Economic Concepts

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Across
  1. 2. Something’s usefulness and the degree
  2. 7. The total amount of goods and
  3. 8. The reality that people’s wants always exceed
  4. 10. One who actually uses the product or service
  5. 12. Choosing between two things that can’t be
  6. 14. The making of products from raw materials
  7. 16. A good or service that has a benefit (or
  8. 17. The loss of potential gain from among
  9. 18. The increase in the general level of prices
  10. 20. Economics is the study of how individuals
  11. 21. The decrease in the general level of prices
Down
  1. 1. The using of goods and services by people
  2. 3. The physical assets used to produce
  3. 4. All the components needed for production
  4. 5. The study of the behavior, performance,
  5. 6. The study of behavior and decision-
  6. 9. Reducing the amount of money spent
  7. 11. Desire for goods, services or intangible
  8. 13. To categorize, sort, and transport goods
  9. 15. Materials and substances found in
  10. 19. Desires that don’t require money to