Economics Crossword
Across
- 1. The ___ is the results that follow from a player's decision.
- 4. Smoking has ___ externalities.
- 7. The mean income has increased for all quintiles, but the ___ is growing due the highest quintile's income growing at a faster rate.
- 9. In a ___ a few sellers control the market.
- 10. A ___ good is non-rival and non-excludable.
- 11. The mean income distribution is usually ___ than the median.
- 12. Wearing deodorant has a ___ externality.
- 13. The effect a decision has on a third party is a(n) ___.
Down
- 1. A ___ good is rival and excludable.
- 2. In a perfect competition, ___ control the market.
- 3. ___ is where a player is playing their best strategy assuming the other player will not change their strategy.
- 5. A ___ makes up 20% of the population.
- 6. Planning your actions based off of what you think your opponents will do is called ___.
- 8. ___ is when two or more competitors agree to fix prices or engage in other activities to restrict competition.