Economics Refresher Puzzle
Across
- 2. A compulsory charge imposed by the government on goods or income
- 6. The next best alternative that is given up
- 9. A situation where there is excess demand
- 10. The point at which quantity demanded equals quantity supplied
Down
- 1. The unlimited desires people have
- 3. The willingness and ability to sell a product at a given price
- 4. A good for which demand increases as income rises
- 5. A point outside the PPF that cannot currently be achieved
- 7. A payment from the government to producers to reduce costs and lower prices
- 8. Resources are limited in supply
- 11. A good for which demand decreases as income rises