Economics

4. A good whose appeal increases with the popularity of its complement.
7. Is a government imposed limit on the price charged for a product.
10. The amount of an asset or resource that exceeds the portion that's actively utilized
11. The marginal utility of a good or service declines as more of it is consumed by an individual.
13. This is the limiting of goods or services that are in high demand and short supply.
14. This is a curve that displays the Change in demand resulting From a price change.
15. Economic concept that relates to a consumer's desire to purchase goods and services and willingness to pay a specific price for them

1. A legal minimum for which the good can be sold.
2. The added satisfaction that a consumer gets from having one more unit of a good or service
3. ratio of the percentage change in quantity demanded of a product to the percentage change in price.
5. decrease in sales for a product that can be attributed to consumers switching to cheaper alternatives when its price rises.
6. The Change in the behavior of buyers. Sellers in response to a price change for a good or service.
8. This is the total amount of goods and services consumers need or want and are willing to pay for over a given time.
9. To determine the worth or value of a good or service.
11. At a higher price, consumers will demand a low quantity of a good.
12. Table that shows the quantity demanded of a good or service at different price levels.