Demand and Supply
Across
- 4. Shows what producers at markets are willing and able to sale at each price
- 6. The business costs based on production output
- 7. The consumer's power of his or her income changes
- 8. Have a good or service but pay for it
- 9. When the change in price leads to smaller changes in the quantity demanded
- 11. One product increases the use of another product
- 13. The income a business receives from the selling of a product
- 15. Business owners must face expenses even if they sell a little bit, noting, or a lot
- 16. Sell goods or services at a higher price than lower prices
- 17. A Graph that shows the goods people buy
- 19. Income rises so people demand more of the good
- 20. When prices change leading to larger changes in the quantity demanded
- 23. When a business reaches the level of production
- 25. Offers goods and services for sale
- 26. Business behaviors are controlled by laws
- 27. Income rises so people demand less of the good
Down
- 1. Replacement of goods to satisfy consumers
- 2. The additional cost when producing more of
- 3. Marginal benefit from adding a good
- 5. Taxes implemented on the production of a specific good
- 10. Shows data that consumers will buy at each price
- 12. Change in price results in buying a substitute product
- 14. The addition of fixed and variable costs
- 18. prices of goods fall resulting in buying more products
- 21. A graph that shows what producers offer to sell at each price
- 22. The money that is made from each additional product sold
- 24. The prices on resources needed to produce the goods or service