economics #1

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Across
  1. 3. wealth in the form of money or other assets owned by a person or organization
  2. 4. new
  3. 7. a factor of production, similar to labor, as one of the crucial elements in creating goods and services.
  4. 8. a payment or concession to stimulate greater output or investment.
  5. 9. work, especially hard physical work construction or destruction in preparation for construction
  6. 10. money
  7. 11. essential
Down
  1. 1. the loss of potential gain from other alternatives when one alternative is chosen.
  2. 2. a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology.
  3. 5. when an individual that has an idea acts on that idea, usually to disrupt the current market with a new product or service.
  4. 6. exchange something of value, especially as part of a compromise.