ECON Crossword

the state of being scarce or in short supply.
desires that can be satisfied by consuming a good, service, or leisure activity.
things that you require to function and range from physical needs.
resources used to make goods and services (i.e., natural resources, human resources and capital goods.
it is broadly defined to include all that nature provides, including minerals, forest products, and water and land resources.
amount of physical, mental, and social effort used to produce goods and services in an economy
generally refers to financial wealth, especially that used to start or maintain a business.
The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.
what motivates you to behave in a certain way, while preferences are your needs, wants and desires.
they mean the value of the next-highest-valued alternative use of that resource.
expressed as an opportunity cost, which is the most preferred possible alternative.