Economics

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Across
  1. 2. of labor -separating task
  2. 4. of production -land,labor
  3. 6. -factors of production
  4. 7. that takes away something
  5. 9. decision-marginal benefits are greater than cost
  6. 10. cost-change in total cost
  7. 13. -resources are limited
  8. 15. a person who takes risk
  9. 18. Study of choices and how a society allocates scarce resources
  10. 21. worker performs
  11. 22. goods- a tool or equipment used to produce other goods
  12. 23. -vital to sustain
Down
  1. 1. -anything taken from earth
  2. 3. any factor”financial “
  3. 5. cost- opportunity lost when one alternative is chosen another
  4. 8. off-economic situation related to opportunity cost
  5. 11. factors
  6. 12. benefits- additional/extra benefit
  7. 14. -not using all productive resources
  8. 16. -using all productive resources
  9. 17. method of distribution of goods and services
  10. 19. anything that brings value
  11. 20. equipment and factories used in the production of goods and services