economics

12345
Across
  1. 3. Resources of land, labor, capital and entrepreneurship used to produce goods and services.
  2. 5. Items required to survive.
Down
  1. 1. Choosing the alternative that has the greatest value from among comparable-quality products
  2. 2. Value of the next best alternative given up for the alternative that was chosen
  3. 4. Luxury items that make life more enjoyable.