5.01 Key Terms

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Across
  1. 1. demand when demand is greater than the supply
  2. 5. items produced for personal use
  3. 9. service that will be offered for sale varies in direct relation to its price.
  4. 12. A form of demand which changes the price but do not affect the demand.
  5. 15. anyone who uses goods and services
  6. 16. the study on how to meet unlimited
  7. 17. service for another
  8. 19. moving, storing,marketing
  9. 20. An desire for something that may not be required
Down
  1. 2. demand for products in which changes in price correspond to changes in demand.
  2. 3. Small demand but low prices
  3. 4. produced for resale
  4. 6. capable of satisfying wants and needs
  5. 7. is the process or activity of using goods and services
  6. 8. the people who provide or make the goods
  7. 10. the amount of money paid for a good
  8. 11. people who work to produce goods and services
  9. 13. items that can only be obtained by spending money
  10. 14. process of producing goods and services
  11. 18. supply when supply is greater than the demand