ECONOMIC EXPRESSIONS

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Across
  1. 4. A measure of the responsiveness of quantity
  2. 9. The rivalry among firms in a market to attract
  3. 11. The concept that resources are limited, but
  4. 12. A term used to describe the total satisfaction
  5. 13. demand for the other
  6. 15. The quantity of a good or service that consumers are willing and able to purchase at a given price and time
  7. 16. income among individuals or groups in a
  8. 17. Goods or services that can replace others, so
  9. 18. or supplied to a price change
  10. 19. an increase in the price of one can increase
  11. 20. The quantity of a good that producers are
Down
  1. 1. The system of production, distribution, and consumption of goods and services
  2. 2. wants and needs are unlimited, creating a
  3. 3. of sufficient resources.
  4. 5. to exchange goods and services.
  5. 6. A system or arena in which buyers and sellers
  6. 7. of a good is produced or consumed
  7. 8. from consuming a good
  8. 9. and achieve sales.
  9. 10. to sell at various prices
  10. 14. A fundamental concept that measures how
  11. 18. The unequal distribution of resources, wealth,