Economics-Unit 1

?
I N T E G R A T I O N W F E R T Q G G O G
T Y E D T T P O E I N R K C H E Y X Y J M
F G N C I S H L U N A A I L Q K B A T N A
V S F J M O R J N F T B P C G R A T U I N
B J F F I C Q Y E E I G H M V A P C W Q D
B U F Q N Y I F V R O R U L M M R I Y J V
E C M E I T J F E I N X N E U E C F P I J
A B O Y M I R E R O A G J E I V E I T D L
K T N I U N J I L R L K X F R I I C A E H
L F O T M U R W A G M B R G B T J E K C P
E O P D P T G S T O I X R B I I G P W E Y
Q X O L R R P R O O N M C F L T R S L O H
E S L G I O D N T D I I M N I E C H P Q J
U S Y O C P Q T H A M D L V U P R P N G Q
U B P I E P G L J N U M D W Q M M P B I L
R K O T B O U C D G M I I G E O O W B C U
W F W J F P A Y X S W T B D Q C F B P F B
F O E I C M A X K K A H T V D Q W X U V E
J M R X M I G A K C G X N A U U S N W V H
A H X V A Y E C H F E W J O H F I C E P H
F S N A H X B N W Q Y S W G K A F A W A N

Clues

  • A good that decreases in demand when consumer income rises (8, 4)
  • A market situation in which there are a large number of buyer(demand) and sellers (supply) (11, 6)
  • A minimum price is set above the equilibrium and the price is not allowed to go below it (7, 5)
  • A tax placed on a good service which is a specific amount of money per units bought (8, 3)
  • The minimum pay per hour that almost all workers are entitled to (8, 7, 4)
  • The next best alternative forgone when making a choice. What we give up when we make a choice. (11, 4)
  • The total amount of money a firm receives when selling its products (5, 7)
  • This occurs when two firms come together through a merger or takeover (11)
  • When a firm has more than 25% market share (8, 5)
  • When demand and supply meet and the market 'clears' (11)

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Unit 1 resources »