Across
- 2. are things that are necessary for survival.
- 3. are desires that can be satisfied by consuming a goal or a service.
- 6. is a maker of goods or provider of services.
- 7. cost is the value of something that is given up to get something else that is wanted.
- 9. is the additional satisfaction from using one more unit of a product.
- 14. are objects, such as goods, clothing, and furniture, that can be bought.
- 15. is all of the resources made and used by people to produce goods and services.
- 16. means to make decisions according to the best combination of costs and benefits.
- 17. are work that one person does for another.
- 21. the study of how individual and societies satisfy their unlimited wants with limited resources.
Down
- 1. is a person who buys or uses goods or services.
- 4. analysis is an approach that weighs the benefits of an action against its costs.
- 5. is the additional cost of using one more unit of a product.
- 8. is the alternative people give up when they make choices.
- 10. involves the vision, skills, and risk-taking needed to create and run businesses.
- 11. are methods used to encourage people to take certain actions.
- 12. of production are the resources needed to produce goods and services.
- 13. refers to all natural resources used to produce goods and services.
- 18. is all of the human effort used to produce goods and services.
- 19. is the benefit or satisfaction received from using a food or service.
- 20. exists when there are not enough resources to satisfy human wants.