Economics/Supply & Demand Puzzle

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Across
  1. 2. A focus on the sale price of a product. The assumption is that, all other things being equal, consumers will buy the products that are lowest in price. PC
  2. 4. A business relationship in which parties compete to gain customers. Competition
  3. 5. the amount of usefulness or perceived value a consumer derives from owning a specific product PoU
  4. 7. the static quantity of a good or service when its price changes Ic
  5. 9. a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service. Demand
  6. 10. an unregulated system of economic exchange Fm
  7. 11. a condition or state in which economic forces are balanced. Eqm
  8. 12. describes the total amount of a Specific good or service that is available to consumers. Supply
  9. 13. a measure of the responsiveness of one economic variable to another. Ec
  10. 14. any area used for a particular purpose PU
Down
  1. 1. the state of being useful, profitable, or beneficial Utility
  2. 2. making more money than is spent buying, operating, or producing something. Profit
  3. 3. an economic ideology that advocates for a classless society in which all property and wealth are communally owned communism
  4. 6. the degree of wealth and material comfort available to a person or community. SOL
  5. 8. When a company provides goods or services to consumers when they demand or need them TU