Economics Chapter 4 Vocab

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Across
  1. 4. 2 words, the total money a company gets from selling goods
  2. 5. 2 words, when a goods price increases consumers start buying other goods
  3. 7. 2 words, a table listing the quantity a person will buy at different prices
  4. 11. 1 word, the desire for something and being able to pay for it
  5. 12. 3 words, a table listing the quantity the population will buy at different prices
  6. 13. 2 words, demand that has an elasticity of 1
  7. 14. 2 words, a good that gets demanded more as consumers income rises
  8. 15. 1 word, the statistics of a population especially regarding consumer markets
  9. 16. 2 words, a good that gets demanded less as consumers income rises
  10. 17. 1 word, goods that can be used in place of another good
Down
  1. 1. 1 word, goods that are often bought and used together
  2. 2. 2 words, when the price of an object increases and effects real income
  3. 3. 3 words, how consumers respond to changes in price
  4. 6. 3 words, when the price of something increases consumers buy less and vice versa
  5. 8. 1 word, demand that is very sensitive to price changes
  6. 9. 1 word, demand that isn't sensitive to price changes
  7. 10. 2 words, a phrase in Latin meaning "all other things held constant"
  8. 11. 2 words, a graph of a demand schedule