Across
- 2. a sector that is owned by the govt. and paid for by taxes
- 6. when supply and demand are equal
- 9. people who receive a public
- 12. workers
- 14. benefits without paying
- 15. a good that is non-rivalrous and non-excludable
- 16. a good that is rivalrous and excludable
- 17. a sector that is privately owned and works for profit
- 18. the next best opportunity forgone
- 19. man-made resources
- 21. money taken by the govt.
- 22. natural resources
Down
- 1. ppc definition
- 3. who to produce for, what to produce, and how to produce it
- 4. money granted by the govt.
- 5. the responsiveness of supply to a change in demand
- 7. a public good that determined to be unhealthy or undesirable
- 8. the responsiveness of supply to a change in price
- 10. inversely proportional curve
- 11. business
- 13. a good that is determined to have a benefit
- 20. market failure