| Questions | Answers |
|---|---|
| Land, Labour, Capital, Enterprise are | Factors of production |
| Land, Labour, Capital, Enterprise are examples of | Limited Resources |
| Items we would like to have but are not essentials | Wants |
| Having overseas holidays instead of a car, If you chose oversea holiday the opportunity cost is | Car |
| If you chose having and Iphone instead of a Galaxy phone the opportunity cost is | Iphone |