Tomlinson Economics

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Across
  1. 2. this ninja turtle favorite has an elastic supply because substitutes can easily be found
  2. 4. the government has increased tax on this inelastic good yet demand has remained stable
  3. 6. the loss of potential gain from other alternatives when one alternative is chosen.
  4. 7. a horizontal demand line that was represented by junk in our survival game
  5. 8. this elastic texas ice cream brand will see a decrease in demand if their product gets contaminated
Down
  1. 1. this inelastic product will rarely shift in demand because of how reliant our economy is on cars
  2. 3. a vertical demand line and was represented as food and water in our survival game
  3. 5. this good has an inelastic supply because making things that can carry 300 people through the air takes some time to build
  4. 9. this elastic luxury car brand will be substituted by another brand if the price gets too high