Across
- 3. Prices above equilibrium where quantity demanded is less than quantity supplied
- 4. All possible quantities of a good desired by consumers at every possible price
- 7. idea that as you purchase more goods, your additional satisfaction will get smaller
- 9. Prices below equilibrium where quantity demanded is greater than quantity supplied
Down
- 1. Points where quantity supplied equals quantity demanded
- 2. total amount of a good or service available to consumers at a given price
- 3. A good that is used in place of another good
- 5. When a change in price results in a large change in quantity demanded or supplied
- 6. A good that is used with another good
- 8. When a change in price does not result in a large change in quantity demanded or supplied
