Economics Unit 1

AID
COST
ECONOMICS
FACTORS
FINANCIAL
GOODS
NEED
OPPORTUNITY
PRODUCTION
RESOURCES
SCARCITY
SERVICES
TRADEOFF
TUITION
WANT

review of terms and concepts associated with Mrs. Batson's economics class: Unit 1

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Answer Key for Economics Unit 1

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Word	X	Y	Direction
AID	10	5	n
COST	12	7	w
ECONOMICS	2	9	ne
FACTORS	14	2	s
FINANCIAL	8	3	se
GOODS	13	13	w
NEED	6	6	ne
OPPORTUNITY	8	8	nw
PRODUCTION	12	12	n
RESOURCES	9	9	w
SCARCITY	1	9	n
SERVICES	1	9	ne
TRADEOFF	2	10	e
TUITION	5	15	ne
WANT	10	5	sw