Economics

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Across
  1. 4. Luxury items that make life more enjoyable.
  2. 5. Items required to survive.
Down
  1. 1. Costs Value of the next best alternative given up for the alternative that was chosen.
  2. 2. of Production Resources of land, labor, capital, and entrepreneurship used to produce goods and services.
  3. 3. Choice Choosing the alternative that has the greatest value from among comparable quality products.