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