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Intro to Business Puzzle

Across
Activities that are consumed immedietly after they are produced
The value of the next best alternative
A combination of a traditional and market economy
Individual organizations that determine what products will be available
The quantity of goods and services that people are willing to buy
Process of choosing which needs and wants will be satisfied
When you give up something to have something else
Rivalry of businesses
Things that bring you comfort or pleasure
Resources are controlled by the government
Down
Refers to the quantity of a good or services
Goods and services are produced the same way the have always been
The means in which goods and services are produced
Resources are controlled by the people
Things you can see and touch
Things you need to survive
Not having enough resources to satisfy all the needs
Refers to the private ownership of resources
A nation's plan for answering the 3 economic questions
The point where supply and demand are equal
Basic necessities
A person who buys a good or service