Ch 2 Lesson 6 Vocab

123456
Across
  1. 1. thequantityofagoodorservicedemandedbyconsumersandsuppliedbyproducerswhenthemarketisinequilibrium
  2. 2. aminimumpricesetbythegovernmenttopreventpricesfromgoingtoolow
  3. 4. thecontrolleddistributionofalimitedsupplyofagoodorservice
  4. 5. amaximumpricesetbythegovernmenttopreventpricesfromgoingtoohigh
  5. 6. anillegalmarketinwhichgoodsaretradedatpricesorinquantitieshigherthanthosesetbylaw
Down
  1. 1. thepriceatwhichthequantityofaproductdemandedbyconsumersequalsthequantitysuppliedbyproducers
  2. 2. governmentimposedlimitsonthepricesthatproducersmaychargeinthemarket
  3. 3. thepointatwhichthequantityofaproductdemandedbyconsumersinamarketequalsthequantitysuppliedbyproducers