Economics Chapter 6

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Across
  1. 3. when quantity supplied is more than quantity demanded.
  2. 5. the maximum price that can be charged.
  3. 9. a price ceiling placed to make rent more affordable.
  4. 10. a market in which goods are sold illegally.
  5. 12. the minimum price that can be charged.
  6. 13. the financial and opportunity costs paid by consumers when searching for a good or service.
  7. 14. occurs when there is a sudden shortage of a good.
  8. 15. an item whose supply has a sudden rise in demand.
  9. 16. when the quantity demanded is equal to quantity supplied.
Down
  1. 1. when the quantity supplied is not equal quantity demanded.
  2. 2. the amount of a supply that a company has.
  3. 4. side effects which are "spilled over" to people who have no control over how much of a supply is produced.
  4. 6. occurs when there is excess supply.
  5. 7. occurs when there is excess demand.
  6. 8. when quantity demanded is more than quantity supplied.
  7. 9. a system for allocating goods and services using tools other than price.
  8. 11. a minimum price an employer can pay a worker.