Across
- 5. production/consumption has an effect on a third party, can be negative or positive
- 7. Non-price determinant of demand, related to purchasing power
- 10. Law of … returns
- 12. Maximum price
- 13. Supply=Demand
- 14. Type of Tax, new supply curve parallel with original supply curve
- 15. Type of good, seen as beneficial to consumers
Down
- 1. Type of Tax, gap between supply curves increase as price of products rises
- 2. Economic agent aims to perform satisfactorily rather than at a maximum level
- 3. Minimum price
- 4. % change in quantity demanded/% change in price
- 6. Type of good, known as snob goods
- 8. Theory of behaviour economics, “encouragement” to make decision
- 9. Common Pool …,
- 11. Government grant