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	6	4	s
COST	12	9	nw
ECONOMICS	2	7	s
FACTORS	8	15	w
FINANCIAL	4	4	e
GOODS	13	3	s
NEED	6	10	s
OPPORTUNITY	8	8	sw
PRODUCTION	12	4	s
RESOURCES	9	7	w
SCARCITY	9	15	n
SERVICES	1	7	s
TRADEOFF	8	8	s
TUITION	5	15	n
WANT	6	4	sw