Across
- 3. natural resource
- 4. individual making choices ex job loss
- 6. change total production making 1 more unit
- 8. study of production/consumption of goods
- 10. a person who creates economic value
- 11. physically produced ex socks
- 13. demand greater then availability
- 14. max amount consumer will pay for 1 more
- 15. worth or value of a good or service
Down
- 1. an act of which a consumer wants ex. barber
- 2. primary driver of value
- 5. to forgo profit from missed opportunity
- 7. effort by an individual to make product
- 8. someone takes a risk on venture
- 9. study of overall economy ex economist
- 12. giving up something for something else