Across
- 2. Any and all natural resources used to produce goods and services.
- 6. Shows different combinations of products a consumer can buy based on income and the products' prices.
- 9. Collection of products or resources treated as if they were one whole thing.
- 10. Products and services that satisfy human wants directly.
- 11. The systematic pursuit of knowledge through observation of facts and testing of hypotheses to support theories, principles, and laws.
- 13. Study of how individuals, institutions, and society make optimal choices under conditions of scarcity.
- 15. Limits placed on the amount and types of goods and services available for consumption.
Down
- 1. Spending for the production and accumulation of capital and additions to inventory.
- 3. Amount of products that must be sacrificed to produce another product.
- 4. Study of individual decision making and the individual markets, goods and services, and product and resource prices.
- 5. Organizes and operates a business by taking on greater than normal financial risks.
- 7. Any exertion by workers to produce goods or services.
- 8. Study of the performance and behavior of the economy as a whole.
- 12. The satisfaction of a consumer after use of a good or service.
- 14. Human-made resources used to produce goods and services.