1.2.8 Consumer and Producer Surplus

Across

• 1. Lower supply costs cause the market price to ... and consumer surplus will rise as a result (4)
• 3. An ... in market demand leads to a higher price and a rise in producer surplus (8)
• 4. ... surplus is the difference between what ... are prepared to sell a good for and what they actually receive for the good (8)
• 5. Higher supply costs will lead to a price ... and a fall in consumer surplus (4)
• 8. ... surplus is the triangle above the supply curve but below the price (8)