Economics Crossword Puzzle

QUESTIONS LIST:

• consumer : a person who purchases goods and services for personal use.
• needs : cannot avoid or help doing something.
• land : the part of the earth's surface that is not covered by water, as opposed to the sea or the air.
• trade off : a balance achieved between two desirable but incompatible features; a compromise.
• marginal benefit : is the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.
• incentives : a thing that motivates or encourages one to do something.
• economics : the branch of knowledge concerned with the production, consumption, and transfer of wealth.
• marginal cost : the cost added by producing one extra item of a product.
• capital : the most important city or town of a country or region, usually its seat of government and administrative center.
• economize : spend less; reduce one's expenses.
• entrepreneurship : development of a business from the ground up — coming up with an idea and turning it into a profitable business.
• goods : benefit or advantage to someone or something.
• producer : a person, company, or country that makes, grows, or supplies goods or commodities for sale.
• opportunity cost : the loss of potential gain from other alternatives when one alternative is chosen.
• labor : work, especially hard physical work.
• utility : the state of being useful, profitable, or beneficial.
• wants : have a desire to possess or do (something); wish for.
• scarcity : the state of being scarce or in short supply; shortage.
• services : the action of helping or doing work for someone.