My Crossword Maker Logo
Powered by BrightSprout
Controls:
SPACEBAR SWITCHES TYPING DIRECTION
Answer Key:
Edit a Copy:
Make Your Own:
Crossword Word Search Worksheet
Rate This Puzzle:
Log in or sign up to rate this puzzle.

Economics 101bc

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Across
3
A ________ benefit is the benefit of a decision, according to economists.
6
Adam Smith, in Wealth of Nations, advocated for ___________ trade.
7
A theory of trade that says a country is better off if the value of their exports is greater than the value of imports.
9
The next best alternative use of a resource
12
Household spending on new domestic goods and services.
13
Marginal __________ is what it costs to either produce or consume one extra unit of something.
15
The theory of ______________ Advantage is about producing a good at a lower opportunity cost than someone else.
16
Opportunity cost involves some sort of _____________ or trade-off.
17
The amount of utility or happiness you get from doing something.
18
Utils can be converted into ____________.
Down
1
In order to get what you need and have a higher standard of living, you need to ___________ with others.
2
An implied cost that is given up to use a factor of production already owned
4
In order to maintain export _________, countries make laws and pose taxes to distort the flow of goods.
5
Economic ______________ are 'nothing else changes', 'people behave rationally', and 'people can be selfish'.
8
_____________ Advantage is when you simply produce more of a good or service or if it is produced faster.
10
The choices you face
11
If a country _____________ in what it produces best and trades the product, it will be better off.
14
The marginal _____________ should outweigh the marginal cost in business decisions.
15
Both absolute and comparative advantage theories need to take opportunity _______ into account.