My Crossword Maker Logo
Powered by BrightSprout
Save Status:
or to save your progress. The page will not refresh.
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.

Econ Chapter 1 Puzzle

Across
Changes in price affect purchasing power of consumer's income
A model that shows alternative ways that an economy can use its scarce resources
Different quantities of goods that consumers are able and willing to buy
Focuses on actions of individual agents within the economy
The money spent by businesses to improve their production
Allows workers to focus on the part of the job that they have an advantage in
Based on facts. Avoids value judgements
Measures the size of total production in an economy
Most desirable alternative given up when you make a choice
Looks at the economy as a whole
Businesses supply goods and services based on demand
Direct relationship between price and supply
Inverse relationship between price and quantity demanded
Down
Occupations stay in the family, what you produce is what you consume
Minimum legal price a seller can charge for a product
Value Judgements, Not based on facts
Different quantities of goods that sellers are willing and able to sell
Economic effort is devoted to goals passed down from a ruler or dictator
Maximum legal price a seller can charge for a product
Human wants for goods, services, and resources exceed what is available