Supply and Demand
Across
- 2. quantity is bigger than the amount needed
- 4. the ability of producers to create goods and services
- 5. a person who buys goods and services
- 6. when a business goes out of business
- 10. another word for sharing resources
- 11. a person who creates goods and services
- 13. a product that you can use and is tangible
Down
- 1. when supply and demand are equal
- 2. the shortage of a resources
- 3. a consumers desire to purchase a good/service
- 4. an act performed by people for you
- 7. another word for a lower price due to lower demand
- 8. the study of how people use their limited resources to satisfy their unlimited wants
- 9. another word for higher price due to higher demand
- 12. an essential thing that is needed for survival