micro

12345678910111213141516171819
Across
  1. 2. one firm has market power
  2. 4. a general/progressive increase in all prices
  3. 7. a good that is nonexcludable and nonrival in consumption
  4. 8. a measure of happiness
  5. 11. amount buyers pay
  6. 14. goods and services brought in from another country
  7. 15. when Qd>Qs
  8. 16. the extra utility gained from consuming one more unit of a good
  9. 18. when Qs>Qd
  10. 19. allocation of goods and services are not efficient
Down
  1. 1. when a firm produces the same good at a lower opportunity cost
  2. 3. market with many firms
  3. 5. opportunity costs
  4. 6. where Qd is equal to Qs
  5. 7. a price greater than equilibrium put in place by the government; limit on how low the price can be
  6. 9. manufactured goods
  7. 10. amount seller pays for a good
  8. 12. goods and services sold to another country
  9. 13. a sum of money payed by the government
  10. 17. a tax or duty to be payed