Across
- 4. Cost - cost of the second best alternative
- 6. paribus - term for "other things remaining constant "
- 7. Goods - highly inferior goods which have negative income effect
- 9. Profit - minimum return that a producer expects from the capital invested
- 10. Economics - economic problems at the level of economy as a whole
Down
- 1. price - maximum price fixed by the government to ensure availability of essential commodities
- 2. Economics - economic problems at the level of an individual
- 3. market- when market demand is equal to market supply
- 5. Elasticity - change in quantity demanded with change in the price of the commodity
- 8. price- minimum Price fixed by government to regulate income of the farmers
