Across
- 3. the act of starting and running your own business
- 4. Resources, land, labor, capital, and entrepreneurship
- 6. any thing that confers value or benefit to its owner
- 10. to feel a need or a desire for
- 11. Cost, the value of the next-best alternative when a decision is made; it's what is given up
- 12. something that is necessary for an organism to live a healthy life
Down
- 1. the general body of wage earners
- 2. Possibilities Frontier, a curve that illustrates the possible quantities that can be produced of two products if both depend upon the same finite resource for their manufacture
- 5. a situational decision that involves diminishing or losing one quality, quantity, or property of a set or design in return for gains in other aspects
- 7. something that encourages a person to do something or to work harder Our salespeople
- 8. peer-reviewed academic journal dedicated to the economics of natural and environmental resources
- 9. the demand for a good or service is greater than the availability of the good or service