Across
- 2. An amount of money paid by government to a firm per unit output
- 4. The ability of the present generation to meet their needs and the needs of future generations
- 7. Time period where at least one of the factors of production is fixed
- 9. Government involvement in the market
- 11. The consumers getting the good for a price less than they would be willing to pay for it
Down
- 1. Non-rivalrous and non-excludable goods
- 3. When one party in a transaction has more information than the other
- 5. Where larger companies have an advantage in the market
- 6. The basic economic problem
- 7. What is created when there is excess demand
- 8. An economy with no government intervention
- 10. Good with a positive externality is a __ good