Across
- 2. social science that studies the production, distribution,and consumption of goods and services.
- 7. tangible product that is useful and transferable
- 9. good that is intended for final use by the consumer
- 10. something that is not necessary for survival
- 12. monetary worth of a good or service
- 13. being in short supply;not having enough resources.
- 14. ability of a good/service to be useful
Down
- 1. contradiction betweeen the high value of a nonessential item and the low value of an essential item
- 3. manufactured good used to produce other goods and services.
- 4. good that lasts for at least 3 years when used regularly
- 5. monetary value of all final goods, services, and structures produces within a country's one year period.
- 6. an item that lasts for fewer than 3 years when used consistently
- 8. requirement for survival;food,clothing,shelter
- 11. sum of tangible economic goods that are scarce, useful and transferable
- 13. work or labor performed for someone;haircuts,entertainment