Supply and Demand

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Across
  1. 2. Goods people buy more of as income rises (ex: jewelry, sports cars).
  2. 3. Goods that are used together (ex: peanut butter and jelly).
  3. 5. When there are more goods supplied than consumers want to buy.
  4. 6. Goods people buy more of when their income increases (ex: clothes, appliances).
  5. 10. When consumers switch to cheaper products as another product’s price rises.
  6. 11. Goods people buy less of as income rises (ex: store brands, used cars).
Down
  1. 1. The amount of a product businesses are willing to sell at a certain price.
  2. 4. Where supply and demand meet; the balance point that sets price.
  3. 6. Goods people continue to buy even if income falls (ex: water, gas, electricity).
  4. 7. When consumers want more of a product than producers are supplying.
  5. 8. The amount of a product consumers are willing to buy at a certain price.
  6. 9. Financial support from the government to help producers make more goods.