Across
- 3. raw material found in nature that are used to produce goods
- 5. people's knowledge effort, and skills used in their work
- 6. stock prices fall
- 7. a "place" where goods compete for recognition
- 8. individuals and society seeks to satisfy needs and wants through incentives, choices, and allocation of scare resources
- 11. a visual tool that reveals changes in a product's supple and demand over time
- 13. the 'point' where price and quantity meet
- 14. found in rural, under developed countries
Down
- 1. stock prices going up or rising
- 2. recognize the need for new goods/services
- 4. the quantity of a good the manufacturer/owner can produce at acceptable cost
- 9. used to produce goods and services
- 10. shortage of resources
- 12. consumers need or want a product
- 15. does not exist