This is given up when a choice is made.

This is the selecting of an item or action from a set of possible alternatives.

This is the amount of money exchanged for a good or service.

This is the combining of resources to make goods and provide services.

This is the amount of a good or serivice that consumers are willing and able to sell at a certain price.

Things that motivate or incite people to purchase the goods and services.

Is the amount of a good or service that consumers are willing and able to buy at a certain price.

Is the using of goods and services.

Is the inability to satisfy all wants at the same time.

Which of the following is NOT a resource that is used in the production of goods and services?

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