Across
- 2. The horizontal supply curve has this type of elasticity
- 3. When total revenue remains the same despite price changes, demand is said to be?
- 7. Intersection of demand and supply curves (11)
- 8. A measure of responsiveness of demand to income changes
Down
- 1. Tax burden is shared more by the side that is more ______
- 4. Steep demand curve shows this type of demand
- 5. Cross-price elasticity measures responsiveness of demand for one good to the change in ______ of another
- 6. Price floor above equilibrium leads to this