Economics Crossword

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Across
  1. 2. consumers buy more of a good when its price decreases and less when its price increases.
  2. 4. goods used in place of one another
  3. 5. consumers' desire to purchase goods
  4. 9. is a table that lists the quantity of a good a person will buy at each different price.
  5. 11. is a graphical representation of a demand schedule.
  6. 12. a good that consumers demand less of when their income Increases
  7. 14. the description or distribution of characteristics of some target audience, customer base, or population
  8. 15. two goods that are bought and used together
  9. 16. a measure of how consumers react to a change in price
  10. 17. good that consumers demand more of when their incomes increase
  11. 18. consumers react to an increase in a good’s price by consuming less of that good and more of other goods
Down
  1. 1. the full amount of total sales of goods and Services
  2. 3. is a table that lists the quantity of a good all consumers in a market will buy at each different price.
  3. 6. is demand for a good that is very sensitive to changes in price
  4. 7. a person changes his or her consumption of goods and services as a result of a change in real income
  5. 8. “all other things held constant.”
  6. 10. a given percentage that changes in price that leads to an equal percentage change in quantity demanded or supplied.
  7. 13. is demand for a good that consumers will continue to buy despite a price increase