Across
- 1. the "father of economics"
- 4. most desirable alternative given up when you make a choice
- 8. economic system where government controls resources and industries
- 10. study of small economic units
- 11. all the alternatives we give up when we make a choice
- 12. economic system that is a blend of command and market economic systems
- 14. economic system based on consumers need for goods and services
- 15. all of the goods and services that are necessary for the functioning of society
Down
- 2. government payment that helps cover the cost of an economic activity that benefits public
- 3. the amount of product available for purchase
- 5. economic system that is based on customs and community
- 6. having unlimited wants but limited resources
- 7. study of large economy as a whole
- 9. the amount of a product people want
- 13. a person who avoids paying for goods and services but benefits anyway