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	11	6	s
COST	4	9	nw
ECONOMICS	7	14	ne
FACTORS	14	2	w
FINANCIAL	13	8	nw
GOODS	3	3	s
NEED	10	10	ne
OPPORTUNITY	8	8	se
PRODUCTION	4	4	s
RESOURCES	7	7	s
SCARCITY	7	15	e
SERVICES	7	15	ne
TRADEOFF	8	8	ne
TUITION	12	3	w
WANT	11	6	sw