Economics

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Across
  1. 3. when the supply of a product is smaller than the demand of a product.
  2. 6. occurs when we do not have enough of resources to produce all the things we would like to have.
  3. 8. a competing product that consumers can use in place of another.
  4. 10. when the supply of a product is larger than the demand of a product.
Down
  1. 1. a graph that illustrates the demand for a product.
  2. 2. the study of how we make decisions in a world where resources are limited.
  3. 4. chart that lists how much of a good a supplier will offer at different prices.
  4. 5. when the supply and demand of a product are equal.
  5. 7. tangible products that we use to satisfy our wants and needs.
  6. 9. works that are performed by a person for someone else.