Micro
Across
- 3. when quantity supply exceeds quantity demanded
- 4. a non upfront cost
- 5. the point at which supply and demand intersect
- 10. in a shortage
- 14. when quantity demanded exceeds quantity supplied
- 15. revenue - cost
- 16. downward sloping then upward sloping curve
- 18. the triangle below price
- 19. land,labor capital
Down
- 1. the amount a price change will affect the quantity
- 2. upward sloping curve
- 5. a physical cost
- 6. the name of the class
- 7. the triangle above price below demand
- 8. a buyer that can't control price
- 9. the of a good that can be created
- 11. economic profit is 0
- 12. cost of what you are sacrificing
- 13. downward sloping curve
- 17. price x quantity