Across
- 7. People choose on their emotions rather than rationally
- 10. Any Arrangement that brings buyers & sellers together to do business with each other
- 12. Never enough of everything to satisfy everyone completely
- 13. The spending of time, money, effort, or other sacrifices to get something
- 15. Comes in the form of points & money offered
- 17. Value of the next best alternative
- 18. Anything used to produce a good or service
- 19. What you gain by adding one more unit to something
- 20. A penalty to stop you from doing something
Down
- 1. Examination of additional benefits of an activity compared to the costs from the same activity
- 2. when something happens as a result of a plan that wasn't expected or planned
- 3. Collection of knowledge, abilities, skills, attitudes, and health you have
- 4. Anything used to produce an economic good or service
- 5. A cost that has already been spent but is not reversible
- 6. A person who purchases goods or services for personal use
- 8. Doing/not doing the right thing when no one is looking
- 9. Earned the title, "Father of Modern Economics"
- 11. An influencing factor that motivates one to do something
- 14. The amount of human satisfaction
- 16. Being seen to do the right thing