Economics

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Across
  1. 4. Resources like land, labour, capital (7 letters)
  2. 5. Cost of giving up the next best alternative when making a decision (11 letters)
  3. 7. Pay received after costs are subtracted from revenue (6 letters)
  4. 8. Goods used to produce other goods (7 letters)
  5. 9. Fundamental economic problem: unlimited wants vs limited resources (8 letters)
Down
  1. 1. When only one seller controls the market (8 letters)
  2. 2. Economic system where trade & production decisions are made by private individuals (10 letters)
  3. 3. An economy in which the government owns major resources (8 letters)
  4. 6. A market structure with many buyers and sellers and free entry’s name (7 letters)