Economics Vocabulary (Intro Terms)

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Across
  1. 2. decisions by individuals
  2. 5. cost value of next best alternative
  3. 7. of prod land, labor, capital, entreneurship
  4. 8. possibilities curve max goods & services
  5. 9. lmtd resources for unlimited wants & needs
  6. 10. off sacrifice made to obtain what we want
  7. 11. not enough money & time to get it all
Down
  1. 1. decisions by economy as a whole
  2. 3. manf goods to make other things
  3. 4. start a new business
  4. 6. more things made quicker