Economics

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