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