Define the following terms:
Ceteris Paribus
Demand
Quantity Demanded
Law of Demand
Normal Good
Inferior Good
Complement Good
Substitute Good
Elasticity of Demand
Supply
Quantity Supplied
Law of Supply
Production Costs
Fixed Costs
Variable Costs
Profit Motive
Subsidy
Excise Tax
Regulation
Equilibrium
Disequilibrium
Surplus
Shortage
Price Ceiling
Price Floor
Black Market
Once you have defined all of the above terms, pick 15 of the
terms. Using these 15 terms you need to create a crossword puzzle, for the clues
do NOT use the definitions from the book, come up with your own definitions or
clues.
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