Economics

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