Chapter 2 Lesson 6
Across
- 3. government-imposed limits on the prices that producers may charge in the market
- 5. the quantity of a good or service demanded by consumers and supplied by producers when the market is in equilibrium
- 7. the price at which the quantity of a product demanded by consumers equals the quantity supplied by producers
- 8. a minimum price set by the government to prevent prices from going too low
Down
- 1. the point at which the quantity of a product demanded by consumers in a market equals the quantity supplied by producers
- 2. an illegal market in which goods are traded at prices or in quantities higher than those set by law
- 4. the controlled distribution of a limited supply of a good or service
- 6. a maximum price set by the government to prevent prices from going too high