Across
- 1. basic want for survival
- 3. how much a good or service is worth according to the market
- 4. Social science dealing with people needs and wants of scarcity resources
- 6. apparent contradiction between high value and low value of an essential item
- 7. the total value of everything someones owns, minus the debt
- 8. The monetary value of all the finished goods and services produced within a country's borders in a specific time period
- 10. Good intended for final use by consumers other than businesses
- 12. the total satisfaction received from consuming a good or service
Down
- 1. a good that will not last more than 3 years when used on a everyday basis
- 2. a good that lasts more than 3 years when used on a everyday basis
- 5. tool, equipment, or other manufactured good used to produce other goods and services; a factor of production
- 7. something that you can live without that you don't essentially need
- 9. -The monetary value of all final goods, services,and structures produced within a country borders in a 12- month period
- 11. Unlimited needs and wants