Economics ch1

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Across
  1. 2. cost of next best alternative given up
  2. 5. when markets are not efficient
  3. 6. private sectors that became public sector
  4. 8. when supply is equal to demand
  5. 9. goods that increase in demand when income increase
  6. 11. effect that one situation has on another situation
  7. 12. a line that has shows how much quantity demand at a price
Down
  1. 1. study of small economic systems
  2. 3. negative effects that affect third parties
  3. 4. when supply is larger than demand
  4. 7. part of company’s profit that id divided among workers
  5. 10. line that shows the different combinations of two goods an economy can produce