Supply and Demand

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