Across
- 2. workers focus on specific tasks
- 7. assets like education, training, intelligence, skills, health
- 8. the government, rather than the free market, determines what goods should be produced
- 9. the forgone benefit that would have been derived by an option not chosen
- 10. means we have unlimited wants but limited resources
- 13. decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses
- 15. what motivates you to behave in a certain way
- 16. focuses on the production of a limited scope of goods
- 19. he capacity and willingness to develop, organize and manage a business
- 20. resources used to produce goods or services
Down
- 1. additional cost associated with the additional unit of a good/service
- 3. traditions, customs, and beliefs help shape the goods and services
- 4. buying and selling of goods and services
- 5. additional satisfaction that comes from the additional good/service
- 6. the people who work for a business
- 11. giving up one option in favor of another
- 12. a system of production, resource allocation and distribution of goods and services within a society
- 14. intent to achieve monetary gain
- 17. tangible, man-made objects that a company buys or invests in
- 18. resources found in nature