1.
the study of how people, businesses, and governments decide to use limited resources to meet their needs and wants
2.
the basic concept that resources are limited, while human wants and needs are unlimited
3.
the monetary worth of a good or service
4.
the satisfaction or happiness that comes from consuming a good or service
5.
different options people have when deciding how to use their resources
6.
the next-best alternative you give up when you choose one option over another
7.
something that motivates us to perform a specific action
8.
the money a business makes after subtracting all costs from its earnings
9.
the distributing or setting aside of resources for a specific purpose
10.
money paid for borrowing money or earned for lending it
