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What is Economics

Across
The idea that everthing is limited to quantity
The "economist" in Luke 12:42
A type of economics that includes statements of opinion
Menger said that it could be worth more than diamonds
The school of economic thought that emphasizes the free market, private property, and the limited role of government
A common-sense science of how to allocate limited resources to satisfy unlimited wants
Satisfaction that a person loses any time he chooses one item over another
Kind of good or service that has a negative economic cost
An intangible product is know as ______________
The satisfaction a person receives from a choice
The Study of large-scale choices
The study of choices made by individual units
The Father of the Austrian School of Economics
Goods that have a price tag higher than zero have a positive economic
Changing a nuisance good into an economic good
Down
Usefulness
Economics is the science of ________________
It's value was debated in contrast to that of water
Type of good or service that has a price tag of zero
Worth determined by the nature of the product itself
Because every decision brings some degree of regret, economics is nicknamed the _____________________
Worth determined by usefulness to the buyer
A tangable item that has a measurable life span
an imaginary unit of satisfaction