Emily Milams Economic Puzzle

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Across
  1. 1. highest valued altenative given up as a result of making a choice
  2. 4. extra costs of a decision
  3. 5. human resources
  4. 7. arrangement that allows buyers and sellers to make exchanges
  5. 8. positive rewards
  6. 9. soil,minerals,timber,fresh water
  7. 10. using a product or service
  8. 13. land,labor, and capital resources
  9. 14. process that combines economic resources so the result is a good that is available for sale.
  10. 15. fines or punishment
  11. 17. process of getting a product to consumers
  12. 18. social science that studies how people decide to use scarce resources.
  13. 22. wants> available resources
Down
  1. 2. buildings,tools,and machines people create to produce final goods and services
  2. 3. study of individual consumers and business
  3. 6. study of economy
  4. 11. positive difference between total sales and total costs
  5. 12. exchanging
  6. 16. imagination,innovative thinking,and managment skills used to start a business
  7. 19. losses
  8. 20. economy that relies on voluntary trade as primary means of organizing production
  9. 21. gains