Supply and Demand Review
Across
- 4. A business that provides goods or services.
- 7. A table that describes quantity supplied or demanded at specific prices.
- 9. The cost of a product.
- 10. References what a business is willing to produce.
- 11. The exchange of goods and services for money.
- 14. Combining materials and workers to provide a good or service.
- 15. The person who buys goods or services.
Down
- 1. References what a consumer wants to buy.
- 2. When there is greater demand for a product than what is available.
- 3. When a business produces more than what is demanded.
- 5. This happens when quantity supplied equals quantity demanded
- 6. The line on a supply or demand graph.
- 8. The amount created or produced of a product.
- 12. The costs for a business to produce a product.
- 13. The cycle of money through the economy that pays for goods, services and workers.