Across
- 5. when a person changes their consumption of goods and services and causes a change in real income.
- 6. the demand of good consumers will continue to buy even if the price increases.
- 8. all other things held constant.
- 9. Demand that elasticity is exactly equal to 1.
- 10. graphical representation of a demand schedule.
- 12. table that lists quantity a person will buy at a different price.
- 13. occurs when consumers increase a goods' price by consuming less of that good and more of other goods.
- 14. good that is very sensitive to changes in price.
- 16. desire to own something and the ability to pay for it.
- 17. Two goods that are bought and used together.
- 18. good consumers demand more of when their income increases.
Down
- 1. amount of money a company receives by selling its goods.
- 2. statistical information about population.
- 3. table that lists goods all consumers will buy at a different price.
- 4. goods used in place of one another.
- 7. consumers desire to purchase goods and services at a given price.
- 11. measure how consumers react to a change in price.
- 15. good consumers demand less of when their income increases.
