Demand in the history class

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Across
  1. 4. The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases,
  2. 6. The law of demand is a fundamental principle of economics that states that at a higher price, consumers will demand a lower quantity of a good
  3. 8. The market clearing price is the price at which the demand for a good by consumers is equal to the number of goods that can be produced at that price.
  4. 10. The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum
  5. 12. a graph showing how the demand for a commodity or service varies with changes in its price.
  6. 13. A supply curve is a representation of the relationship between the price of a good or service and the quantity supplied for a given period of time.
  7. 14. Not a lot of something to be left
  8. 15. the amount of something
Down
  1. 1. A relative price is a price of a product or service measured in comparison to the price of another product.
  2. 2. In economics, quantity demanded refers to the total amount of a good or service that consumers demand over a given period of time.
  3. 3. the amount or number of a material or immaterial thing not usually estimated by spatial measurement.
  4. 5. price is the price set by the market
  5. 7. an amount of something left over when requirements have been met; an excess of production or supply over demand.
  6. 9. what everyone wants
  7. 11. a person or thing acting or serving in place of another.