Economics Unit 5

6. Consumer desire for a particular product
7. An economic decision-making tool
10. Benefit that motivates action.
12. Government fee for participation in the economy
14. Benefit to using marginal resources
18. Economic expansion of production and consumption.
19. Decisions on how to expand business by creating more of a given product.
21. Things found in nature that are used to manufacture goods.
22. Balance of growth and shrinkage in an economy.
23. Product sent to market for consumption
24. A benefit given to a consumer by the producer or distributor after purchasing a product.
26. Satisfaction gained through purchase of a good or service.
27. Labor, creativity, technology used to create a product.
28. Consuming goods and services in order to display wealth or privilege.

1. Consequences that were not considered in the decision making process.
2. One good is traded for another when choices are made.
3. Everyone in the economy share goods and services equally.
4. Allowing people to do what they want to do in an economy.
5. Decisions on how to expand business by creating new, related products.
6. A cost that reduces the consumer's desire to purchase.
8. An alternative to a product a consumer would otherwise buy.
9. Government action to shape production, distribution, and consumption
11. Materials used to produce goods, usually meaning money, but also machinery, etc.
13. Being as productive as possible in making goods and services available to consumers.
15. Elements used to create goods and services.
16. Greatest benefit a producer gives up when making a choice.
17. Cost of using marginal resources
20. Protection against economic failure.
25. The portion of a budget which is available for spending