Across
- 3. land, labor, and capital resources
- 10. thinking, and management skills
- 11. human resources
- 12. study of consumers/businesses
- 15. process that combines resources
- 17. how people manage their resources
- 20. punishment for a choice
- 21. allows buyers and sellers to exchange
- 22. losses
Down
- 1. the study of the economy as a whole
- 2. using a product or service
- 4. economy that relies on voluntary trade
- 5. the process of getting a product to users
- 6. extra costs or benefits of a choice
- 7. wants > available resources
- 8. gains
- 9. positive difference between sales/costs
- 13. positive rewards for making a choice
- 14. buildings, tools, and machines people use
- 16. highest valued alternative
- 18. exchanging something for something else
- 19. natural resources