Economics

4. Possibilities Frontier / A curve which shows various combinations of the amount of two goods which can be produced within the given resources and technology
8. / A thing that motivates or encourages one to do something
10. / Risk-takers
11. / Means by which something is produced and includes money,tools,equipment,machinery,and factories
12. / A balance achieved between two desirable but incompatible feature;a compromise

1. / Workers who apply their effort,abilities,and skills to production
2. Resources / Land,capital,labor,entrepreneurs
3. / A limited resource including minerals,vegetation,animal life, and climate
5. / Of necessity
6. / The state of being scarce or in short supply
7. / Have a desire to possess or do something
9. Cost / The loss of potential gain from other alternatives when one alternative is chosen