Across
- 3. minimum price that an employer can pay their employee
- 5. the point at which quantity demand and supply are equal
- 6. Minimum price for good or service
- 9. quantity supplied greater that demanded
- 11. Goods sold illegally
- 14. cost consumers pay when searching for good or service
- 15. sudden shortage of good
Down
- 1. price or quantity not at equilibrium
- 2. quantity demand is greater than supplied
- 4. Costs of production that affect people who have no control over how much of a good is produced
- 7. A product that is popular for a short period of time
- 8. A price ceiling placed on apartment rent
- 10. when quantity demand is more than supply
- 12. allocating scarce goods or services
- 13. when quantity supplied is more than demand
