Katherine R,-Angel 2.02E A2

12345678910111213141516
Across
  1. 3. A maximum legal price that a business can charge for certain products
  2. 5. Government restrictions on the prices
  3. 9. Determining how scarce resources will be distributed
  4. 11. A situation exists when demand's greater then supply
  5. 14. Phenomenon occurs when changes in relative prices cause buyers to replace a product with another
  6. 15. One price compared to another
  7. 16. people who make or provide goods and services
Down
  1. 1. The amount of satisfaction with a good or service will provide a customer
  2. 2. Income left once all expenses are paid
  3. 4. Minimum price producers willing to pay and receive product
  4. 6. Data concerning value/cost
  5. 7. amount paid for a good
  6. 8. Equilibrium price
  7. 10. buyers and sellers exchange goods and services for a price
  8. 12. Situation exists when supply's greater than demand
  9. 13. Motivators