Across
- 1. physical items that satisfy needs and wants
- 3. anything that can be used to produce goods
- 8. demand by consumers equals supplied
- 10. consumers are willing to buy a particular amount
- 11. consumer will to pay supplier will sell for
- 12. actions done for you by others to satisfy needs
- 13. natural resources used in productions of goods
- 14. Includes resources made by people
Down
- 2. effect of the quantity that suppliers supply.
- 4. ability to see opportunity, manage risk
- 5. shows the effect of price the demand an item
- 6. Is the human effort used to produce goods
- 7. supplier willing to supply at a particular price
- 9. study of how we chose to use scarce resources
- 12. Refers to when something is in insufficient supply