Jayden Morse Economics

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Across
  1. 4. Process of getting product/service to consumer
  2. 6. Social science showing how people use resources
  3. 8. Economy that relies on voluntary trade as primary means of organizing and coordinating production
  4. 10. Gains
  5. 13. Exchange
  6. 15. Study of individual consumers and businesses
  7. 17. Process combining resources for good or service
  8. 18. Fines or punishment
  9. 19. Positive difference between total sales and total costs
  10. 20. Using a product or service
  11. 21. Extra or additional costs or benefits of a decision
  12. 22. Buildings, tools, and machines people use for goods
Down
  1. 1. Study of whole economy
  2. 2. Positive rewards for making some choice
  3. 3. Physical and mental efforts people use to produce goods, service
  4. 5. Inequality exists between wants and resources available
  5. 7. Alternative given up for making a choice
  6. 9. Arrangement that allows buyers and sellers to make exchanges
  7. 11. Natural resources like soil, minerals, timber, and fresh water
  8. 12. Losses
  9. 14. Imagination, innovative thinking, and management skills needed for business
  10. 16. Any good or service requiring land, labor and capital