Fundamentals of Economics Crossword

essential for survival
something we desire
physical objects someone produces
actions or activities that one person performs for another
limited goods and services are available to meet unlimited wants
study of how people seek to satisfy their needs by making choices
when consumers want more of a good or service than producers have available
people who decide how to combine resources to create new goods and services
human-made objects
effort people devote to tasks for which they are paid
all natural resources used to produce goods and services
land, labor, and capital are referred to as
the knowledge and skills a worker gains or has
giving up one benefit to gain another, greater benefit
governments must decide between spending money on military or domestic needs
the most desirable alternative given up as the result of a decision
the extra cost of adding one unit
the extra benefit of adding a unit
using resources in a way that maximizes output
using fewer resources than an economy is capable of