Microeconomics Ch-1 Introduction

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Across
  1. 1. Tools of microeconomics
  2. 4. ____ MRT is the reason for concavity of PPF
  3. 5. Economics is all about making choices in the presence of _____
  4. 7. Opportunity cost of an input which has no alternative use
  5. 8. Price theory
  6. 9. Problem of resource allocation
  7. 11. Suggestive in nature
Down
  1. 2. Income and employment theory
  2. 3. Deals with how economic problems are actually solved
  3. 6. Choice of technique of production
  4. 10. Value of next best alternative sacrificed