Across
- 3. Alternative that must be given up when a choice is made
- 8. Economic study of single businesses and individuals
- 10. Natural resources not created by human effort
- 12. Social science that studies how and why people make decisions
- 13. Work or labor performed for someone.
- 14. All the abilities and efforts of the people
- 15. Something we would like but not required for survival
Down
- 1. The capacity to be useful and give satisfaction to someone
- 2. Tools, equipment, and factories used in production
- 4. Risk-taker in search of profit who does something new with the other factors of production
- 5. Economic study of large groups such as governments and whole countries
- 6. tangible product that is useful
- 7. Combination of limited resources and unlimited wants and needs
- 9. Cost Cost of the next best alternative use of your resources
- 11. Basic requirement for survival