Salena Crossword
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
                                          
 
 
Down: 1) The study of how people seek to satisfy their needs and wants by making choices. 2) The effort people devote to tasks for which they are paid. 4) A situation in which consumers want more of a good or service than producers are willing to make available at a particular price. 5) The most desirable alternative given up as the result of a decision. 8) A phrase expressing the idea that a country that decides to produce more military goods (“guns”) has fewer resources to produce consumer goods (“butter”) and vice versa.9) The knowledge and skills a worker gains through education and experience. 10) The principle that limited amounts of goods and services are available to meet unlimited wants.11) The act of giving up one benefit in order to gain another, greater benefit. 12) The use of resources in such a way as to minimize the output of goods and services.15) Something that people desire but that is not necessary for survival 16) Producers offer more of a good as its price increases and less as its price falls. Consumers will buy more of a good when its price is lower and less when its price is higher. 17) The use of fewer resources than an economy is capable of using.19) The extra cost of adding one unit. 20) A person who decides how to combine resources to create goods and services. Across: 3) A decision-making process in which you compare what you will sacrifice and gain by a specific action. 6) The physical object that someone produces. 7) Any human-made resource that is used to produce other goods and services. 13) A thing that motivates or encourages one to do something.14) The human-made objects used to create other goods and services. 18) The extra benefit of adding one unit. 21) The resources that are used to make goods and services.22) All natural resources used to produce goods and services. 23) Something essential for survival.24) An economic principle which states that as production shifts from making one good or service to another, more and more resources are needed to increase production of the second good or service.25) A line on a production possibilities curve that shows the maximum possible output an economy can produce.26) The actions or activities that one person performs for another.27) The process of deciding whether to do or use one additional unit of some resource.
 

 

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