Vocab
Across
- 5. A condition where quantity demanded is greater than the quantity supplied
- 6. The object made available for consumer use or purchase
- 9. A condition where quantity supplied is greater than the quantity demandedeSubstitutes
- 11. A product or service that can be used with another
- 14. The branch of Economics concerned with single factors of production and the effects of the decisions of individuals
Down
- 1. A financial gain
- 2. A place where buyers and sellers can meet to facilitate the exchange of products or services
- 3. A product or service that is similar to another and can be used in its placeCompliments
- 4. The branch of economics concerned with large-scale production and the economy as a whole
- 7. The amount of output produced and consumed in a market
- 8. The degree of excellence of a product or service as measured against similar items
- 10. A company that buys or sells products or services to consumers with the aim of making profit
- 12. The amount of money that has to be paid to get a product or service
- 13. A transaction in which no physical goods are transferred from the seller to the buyer