Economics

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Across
  1. 3. axis: shows quantity
  2. 4. Floor – minimum price
  3. 5. Demand Schedule: a table that lists the quantity of a good that a person will purchase at each price in the market.
  4. 8. Demand – Shortage(QD greater than QS)
  5. 9. The desire to own something and the ability to pay for it.
  6. 10. Goods that are used in place of one another.
  7. 13. axis: shows price
  8. 15. Demand Schedule: a table that lists the quantity of a good all consumers in a market will buy at each different price.
Down
  1. 1. – Quantity Supply=Quantity Demand
  2. 2. Goods that are bought and used together.
  3. 6. - QS does not = QD
  4. 7. is a demand curve: It’s just a graphical representation of a demand schedule!
  5. 11. Supply – Surplus(QS greater than QD)
  6. 12. Ceiling – maximum price
  7. 14. of Demand: As the price of a good increases, quantity demanded decreases