Across
- 4. We have limited resources but unlimited wants ex: land, water, time
- 5. Capital,human knowledge & experience/skill ex: writing, reading, typing
- 6. capital, objects made by human beings and used to produce goods and services
Down
- 1. to desire something and be able to pay for it
- 2. cost, the best alternative you miss out on when you make choice (ex: if you work you miss out on friends)
- 3. of Production,Land (trees) Labor (cheesemaker) capital (human made product or human knowledge)
- 7. wanting more of a good than producers are willing to make or can make so there is a short supply ex: gas