economics

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Across
  1. 2. using resources in such a way as to maximize the production of goods and services
  2. 3. law that states that as we shift factors of production from asking one good or service to another the cost of producing the second item increases
  3. 5. a graph that shows alternative ways to use an economy's resources
  4. 6. using fewer resources than an economy is capable of using
Down
  1. 1. the line on a productions possibilities graph that shows the maximum possible output
  2. 4. to an economist the alternative that is given up because of a decision