Ch 13 vocab cross Crossword
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
                          
 
 
Down: 2) highest valued benefit given up when a choice is made3) resources people have for producing goods and services to satisfy wants4) one that is a mixture of the three basic systems7) difference betwen total cost of production and total revenues received from buyers9) resources are always limited compared with the number and variety of wants people have12) practical application of science to commerce or industry Across: 1) act of buying/using goods and services5) system in which people make their own decisions about how to save resources as capital and how to use their capital to produce goods and provide services6) anything produced in an economy that is used to produce other goods and services8) system in which private individuals make own choices about production, distribution, and consumption10) basic economic decisons are made according to long established patterns of behavior that are unlikely to change11) system inwhich individuals in a market economy are free to undertake economic activities with little or no control from the gov.13) use money to help start or grow a business14) amount15) gov. that owns or controls the factors of production and makes basic economic decisions
 

 

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