Economics

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Across
  1. 2. scarcity of productive resources
  2. 3. buyer and seller have unequal amount of information
  3. 5. production or consumption of a good or service that has an effect on a third party
  4. 6. goods that provide external benefits
  5. 9. goods that result in a cost to third parties when consumed by individuals
  6. 10. tax levied on the income of an individual
Down
  1. 1. consumption or production of a good cause benefit to a third party
  2. 4. tax levied on the consumption of goods and services
  3. 7. government intervention to try to allocate resources efficiently (shifts MSC curve downwards)
  4. 8. demerit good that causes unpleasant smell