Economics Terminology

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Across
  1. 5. production/consumption has an effect on a third party, can be negative or positive
  2. 7. Non-price determinant of demand, related to purchasing power
  3. 10. Law of … returns
  4. 12. Maximum price
  5. 13. Supply=Demand
  6. 14. Type of Tax, new supply curve parallel with original supply curve
  7. 15. Type of good, seen as beneficial to consumers
Down
  1. 1. Type of Tax, gap between supply curves increase as price of products rises
  2. 2. Economic agent aims to perform satisfactorily rather than at a maximum level
  3. 3. Minimum price
  4. 4. % change in quantity demanded/% change in price
  5. 6. Type of good, known as snob goods
  6. 8. Theory of behaviour economics, “encouragement” to make decision
  7. 9. Common Pool …,
  8. 11. Government grant