Supply and Demand

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