Economics

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Across
  1. 2. When demand exceeds supply at a given price.
  2. 3. As prices fall, quantity demanded rises, as prices rise, quantity demanded falls.
  3. 4. A surplus occurs when supply exceeds demand at a given price.
  4. 5. As prices rise, quantity supplied increases; as prices fall, quantity supplied decreases.
Down
  1. 1. of supply Five things, other than price, that will cause a producer to change how many units of their product they will make.
  2. 3. of demand Five factors, other than price, that causes consumers to buy more or less of a product.