Economics Puzzle 2

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Across
  1. 3. the extra cost of adding one more unit
  2. 7. Benefit we give up to gain another benefit, maybe greater
  3. 8. a line on the graph that shows the maximum possible output.
  4. 9. the extra benefit of adding one more unit
  5. 10. If a country decides to produce more military goods (guns) then they will have fewer resources to devote to consumer goods
  6. 11. the most desirable alternative given up as the result of a decision
  7. 12. shows alternative ways to use an economy’s productive resources.
Down
  1. 1. when an economy uses it’s resources in such a way as to maximize the production of goods and services.
  2. 2. deciding how much more or less to do
  3. 4. When we shift factors of production from making one good or service to another, the cost of producing the second item increases.
  4. 5. when resources are not being used to their full potential or efficiently
  5. 6. The type of thinking that uses marginal cost and marginal benefit