Across
- 5. Something that motivates us to perform
- 6. A reward that motivates someone to do an action
- 9. The study of how people, businesses, and governments decide to use limited resources to meet their needs
- 10. The money a business makes
- 14. Desire to achieve financial gain
- 15. An Economic acronym that means "There is no such thing as a free lunch"
- 16. The satisfaction or happiness that comes from consuming a good or service
- 18. Cost for an action
- 19. Motivators that do not involve money but still encourage specific behaviors
- 21. An illustration that shows the maximum output of two goods when resources are used efficiently
- 23. Weighing the costs
- 24. costs The more of a product you produce, the greater the opportunity cost to produce each product
Down
- 1. The monetary worth of a good service
- 2. Unplanned results, either positive or negative
- 3. money paid for borrowing money or earned for lending it
- 4. When more of a resource is used to produce a good, the additional output will eventually decrease
- 6. The branch of economics focused on how individuals and businesses make decisions
- 7. The difficulty in using resources across different types of production
- 8. A benefit for an action
- 11. The condition of limited resources and unlimited wants
- 12. The next best alternative you give up when you choose one option over another
- 13. Different options people have when deciding how to use their resources
- 17. The branch of economics focused on the economy of a country or region
- 20. The distributing or setting aside of resources for a specific purpose
- 22. The worth of a good or service is determined by how much an individual values it
