Fundamental economics concepts

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Across
  1. 1. dollar value of final goods
  2. 3. basic requirement for survival.
  3. 4. another factor of production.
  4. 5. good that lasts 3 years
  5. 8. tools we use to produce goods.
  6. 9. the study of how people try to satisfy unlimited and competing wants and needs.
  7. 11. where factors of production are sold
  8. 13. measure of amoint of goods and services produced with a given resource.
  9. 15. goods intended for final use bt an individual.
  10. 16. the basic problem in economics.
  11. 17. worth expressed by dollars and cents.
  12. 21. diamonds being of high value
  13. 24. tangible, scarce, usefl, and trandferable from one person to another
  14. 25. resources required to produce things we would like to have.
Down
  1. 2. producers sell goods and services
  2. 6. individuals who start a business.
  3. 7. gifts of nature.
  4. 10. work preformed for someone
  5. 12. collection of an item over time
  6. 14. good that lasts less than 3 years
  7. 18. mechaism that allowes buyers and sellers to exchange specific products
  8. 19. a tangible item
  9. 20. people working with skills and abilities.
  10. 22. capacity to be useful
  11. 23. something we desire to have.