Economics basics

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Across
  1. 5. The act of trading as the basis for markets.
  2. 6. Quantity that sellers produce at a price.
  3. 10. Place for buyers and sellers to trade.
  4. 11. Direction the demand curve slopes.
  5. 12. Direction the supply curve slopes.
Down
  1. 1. Above the equilibrium price.
  2. 2. Benefits that motivate a decision-maker.
  3. 3. The price where demand and supply meets.
  4. 4. Limited availability of resources.
  5. 7. Below the equilibrium price.
  6. 8. Quantity that buyers want at a price.
  7. 9. Giving up one to get more of another.