Markets,Equilibrium and prices-Michell ortiz

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