Across
- 2. Things we may desire but are not essential for survival.
- 3. A stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.
- 5. The quantity of a commodity that producers wish to sell at various prices.
- 7. Cost The loss of other alternatives when one alternative is chosen.
- 10. The quantity of a commodity that consumers wish to buy.
Down
- 1. Refers to the relationship between the buyers and sellers, rather than to any physical location.
- 4. Scarcity A basic economics problem—the gap between limited resources and theoretically limitless wants.
- 6. A person or business that buys or uses goods or services.
- 8. A person or business that makes goods or provides services.
- 9. Things that are essential for human survival.
