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