economics

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Across
  1. 3. competing products that can be used one place or another
  2. 5. schedule- a table that lists quantity of a good
  3. 6. paribus- all other things held constant
  4. 9. good- a good that consumers demand less of
  5. 10. revenue- total amount of money a company receives
  6. 13. of demand- change in price or in quality
  7. 14. curve- graphic representation of demand schedule
  8. 15. products that increase other products
Down
  1. 1. effect- 2 similar products satisfy the same need
  2. 2. elastic- describes demand whose elasticity is exactly equal to 1
  3. 4. of demand- measure of responsiveness inelastic-percent change dependent on the independent variable
  4. 5. population segments used to identify consumer market
  5. 7. demand that is very sensitive to change in price
  6. 8. The amount of a consumer is willing to buy
  7. 9. effect- change in quality demand
  8. 11. demand schedule- table for what all consumers buy
  9. 12. good- a good when a consumer demands more or when their income increases