The Price System

BLACK-MARKET
CRISES
DEMAND
ELASTIC-DEMAND
EQUILIBRIUM-POINT
EQUILIBRIUM-PRICE
EXTERNALITIES
INELASTIC-DEMAND
LUXURY
MARKET-FAILURE
MINIMUM-WAGE
NECESSITY
NEGATIVE-EXTERNALITY
POSITIVE-EXTERNALITY
PRICE-CEILING
PRICE-FLOOR
PRICE-FREEZE
PRICE-SUPPORT
PRICE-SYSTEM
PUBLIC-GOODS
RATION-COUPON
RATIONING
RELATIVE-WORTH
SHORTAGE
SUBSIDY
SUPPLY-CURVE
SUPPLY-SCHEDULE
SURPLUS
TAX
UTILITY

Vocabulary for the price system chapter (6)

Try to find all 30 words on this board.

R Y S D O O G - C I L B U P X I I S S R
B X S G N I L I E C - E C I R P F U U A
A J W G P R I C E - F R E E Z E T L B T
C R I S E S U P P L Y - C U R V E P S I
U S E I T I L A N R E T X E E K T R I O
E Q U I L I B R I U M - P O I N T U D N
L D S E L U D E H C S - Y L P P U S Y I
U E G A T R O H S L F Y T I S S E C E N
X Z N S M E T S Y S - E C I R P H F D G
U X X J M A R K E T - F A I L U R E S J
R G E Q U I L I B R I U M - P R I C E L
Y F F U T E K R A M - K C A L B T V Y V
M I N I M U M - W A G E U T I L I T Y J
N E G A T I V E - E X T E R N A L I T Y
Y T I L A N R E T X E - E V I T I S O P
B J I N E L A S T I C - D E M A N D D J
N O P U O C - N O I T A R S H X Z U O I
T C H B H T R O W - E V I T A L E R W S
T L T R O P P U S - E C I R P G B Q L A
H O X B Y V R O O L F - E C I R P V V L
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Answer Key for The Price System

X
Y
1234567891011121314151617181920
1# # S D O O G - C I L B U P # # # S S R
2# # # G N I L I E C - E C I R P # U U A
3# # # # P R I C E - F R E E Z E # L B T
4C R I S E S U P P L Y - C U R V E P S I
5# S E I T I L A N R E T X E # # # R I O
6E Q U I L I B R I U M - P O I N T U D N
7L # # E L U D E H C S - Y L P P U S Y I
8U E G A T R O H S # # Y T I S S E C E N
9X # # # M E T S Y S - E C I R P # # # G
10U # # # M A R K E T - F A I L U R E # #
11R # E Q U I L I B R I U M - P R I C E #
12Y # # # T E K R A M - K C A L B # # # #
13M I N I M U M - W A G E U T I L I T Y #
14N E G A T I V E - E X T E R N A L I T Y
15Y T I L A N R E T X E - E V I T I S O P
16# # I N E L A S T I C - D E M A N D # #
17N O P U O C - N O I T A R # # X # # # #
18# # # # H T R O W - E V I T A L E R # #
19# # T R O P P U S - E C I R P # # # # #
20# # # # # # R O O L F - E C I R P # # #
Word X Y Direction
BLACK-MARKET  1612w
CRISES  14e
DEMAND  1316e
ELASTIC-DEMAND  516e
EQUILIBRIUM-POINT  16e
EQUILIBRIUM-PRICE  311e
EXTERNALITIES  145w
INELASTIC-DEMAND  316e
LUXURY  17s
MARKET-FAILURE  510e
MINIMUM-WAGE  113e
NECESSITY  208w
NEGATIVE-EXTERNALITY  114e
POSITIVE-EXTERNALITY  1015w
PRICE-CEILING  162w
PRICE-FLOOR  1720w
PRICE-FREEZE  53e
PRICE-SUPPORT  1519w
PRICE-SYSTEM  169w
PUBLIC-GOODS  141w
RATION-COUPON  1317w
RATIONING  201s
RELATIVE-WORTH  1818w
SHORTAGE  98w
SUBSIDY  191s
SUPPLY-CURVE  64e
SUPPLY-SCHEDULE  187w
SURPLUS  187n
TAX  1615s
UTILITY  1313e