ECONOMICS

2. problem The term used for resources which are insufficient to satisfy our unlimited wants
4. Analysis of how scarce resources are been distributed among producers, and how scarce goods and services are apportioned among consumers
5. The goods available to individuals
6. A main problem for human wants
8. To satisfy our needs and wants from goods and services
10. cost Loss of one alternative when the other is been chosen
12. The people who buy the consumption to satisfy their needs and wants
14. Business person who attempts to make a profit by risk and initiative
15. Another word for goods and services in economics

1. Using resources to make and sell goods to satisfy our wants
3. of interest A situation in which aims of two parties are not comparable
4. ______ is to represent an expected factor of "flexibility of thinking" in an investigation
7. Another word for resources in economics
9. Giving of goods to a person in exchange for another
11. This is offered for sale which could be in the form of physical, virtual or cyber form
13. When people have unlimited needs and wants but there is only a limited stock of resources