Economics

5. land, labor, capital, and entrepreneurship
6. a state of being short on certain resources
8. items that satisfy human wants and provide utility
10. an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.
13. wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
14. to the fact that budgeting inevitably involves sacrificing some of X to get more of Y
15. the loss of potential gain from other alternatives when one alternative is chosen.
16. is a curve illustrating the varying amounts of two products that can be produced when both depend on the same finite resources

1. to exert one's powers of body or mind
2. a thing that motivates or encourages one to do something.
3. to the total satisfaction received from consuming a good or service.
4. is the worth of a good or service determined by people's preferences and the trade-offs they choose given their scarce resources.
7. something that is necessary for an organism to live a healthy life
9. a transaction in which no physical goods are transferred from the seller to the buyer.
11. an accumulation of valuable economic resources that can be measured in terms
12. A desire to have something that you don't need
17. the part of the earth's surface that is not covered by water, as opposed to the sea or the air