Economics Crossword

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Across
  1. 4. When supply and demand are equal it is called ___.
  2. 5. __ goes down as the price goes up.
  3. 7. When ___ increases the market clearing price goes down and the market clearing quantity goes up.
  4. 8. What does the T in TRICEP stand for?
  5. 10. What does the T in MERIT stand for?
Down
  1. 1. A price floor is ___ the market equilibrium.
  2. 2. Land, labor, and ___ are all factors of production.
  3. 3. What does the P in TRICEP stand for?
  4. 6. What does the E in MERIT stand for?
  5. 9. A price ceiling is ___ the market equilibrium.