Economics

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Across
  1. 1. A thing that is provided using resources and can be done in exchange for something else.
  2. 5. What you lose when you make a choice.
  3. 10. As the price goes up, so does the supply.
  4. 11. Machines and tools used in the creation of products.
  5. 14. Things you would find in nature like trees, rocks, and sand.
  6. 15. When you use/purchase goods and services.
  7. 17. The amount of Products that Consumers want to buy.
Down
  1. 2. The study of resources, goods, services, how they are all connected. Also known as the study of choices.
  2. 3. Innovation and Management for new products and ideas.
  3. 4. Human effort and skills used to make products.
  4. 6. As the price goes up, the demand goes down.
  5. 7. A thing that is produced from resources and can be bought or sold.
  6. 8. The amount of Products that Producers make.
  7. 9. The inability to satisfy all needs at once.
  8. 12. A person who makes new ideas for products and then creates businesses to produce those ideas for consumers.
  9. 13. The way resources are turned into goods and services.
  10. 16. The amount of resources, goods or services you are willing to give in exchange for a resource, good, or service. (AKA the value)