Across
- 5. not enough resources
- 8. economy as a whole
- 10. numerical data
- 13. vision, skill, ingenuity, and willingness
- 18. used to illustrate scarcity
- 22. individuals in economy
- 23. economics as it is
- 24. value of alternative
- 25. resources being wasted
Down
- 1. desires
- 2. economics as it should be
- 3. person who buys goods or services
- 4. person who makes goods or provides services
- 6. alternative given up
- 7. physical objects that can be purchased
- 9. resources made by people
- 11. necessities
- 12. benefit or satisfaction gained from use of goods
- 14. resources used to the max
- 15. benefits offered
- 16. human time, effort, and talent
- 17. resources needed to produce goods
- 19. all natural resources
- 20. simplified representation
- 21. make decisions according to the best combo of costs and benefits