Econ. Ch 1-2 Vocab

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Across
  1. 2. gifts of nature
  2. 5. alternative that must be given up
  3. 7. resources required to produce
  4. 8. dramatically changed the nature of productionpossibilitiescurve aka the frontier
  5. 9. used in production
Down
  1. 1. efforts, abilities and skills
  2. 3. the value of the next best alt
  3. 4. for the interests of consumers
  4. 6. risk-takers in search of profits