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Crossword Puzzle
Crossword Puzzle

Needs, Wants & Economic Choices

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Needs, Wants & Economic Choices
 

Crossword Puzzle

Needs, Wants & Economic ChoicesOnline version

Economics: needs, wants, and choices

by lyz balajadia
1

Essential items required for survival.

2

Desires beyond basic necessities.

3

Limited resources relative to wants.

4

Tangible products produced for exchange.

5

Intangible actions or labor provided to satisfy needs.

6

Plan for how to spend income over a period.

7

Decision made between alternatives.

8

Value of the next best alternative forgone.

9

Anyone who buys or uses goods and services to satisfy their needs and wants.

10

The amount of satisfaction, usefulness, or happiness you get from consuming a good or service.

11

A consumer's desire to buy good or service plus their ability and willingness to pay for it.

12

A product or service that can be easily replace another if price or availability changes.

13

Essential physical survival requirements (air, water, food, and basic shelter).

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