ECON UNIT 1 Crossword
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
 
 
Down: 1) Resources3) The next highest valued alternative. The cost associated with making choices4) False cause and effect relationship. A occurs before B; therefore A caused B5) Someone who recognizes a profit opportunity, is able to organize the resources, and is willing to accept risk (**NOT MONEY**)6) Weighing costs and benefits with making choices7) Happiness or satisfaction10) Exchange of one thing for another11) Any human service (physical or intellectual; school, job training etc)14) Additional Across: 2) How people choose to use their scarce resources in an attempt to satisfy their unlimited wants8) There is not enough of something to satisfy everyone's wants at a zero price9) Any natural resource (land, animals, etc)12) They have to be able to produce something; product/service13) Anything that is manufactored in order to be used in the production of goods and services (machinery and equipment)15) The next highest value16) The more we have of something, the less satisfaction we get17) What is true of the part is true of the whole
 

 

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