Economics Crossword Puzzle

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Across
  1. 2. consumers buy more of a good when its price decreases and less when its price increases
  2. 7. when demand is not very sensitive to price changes
  3. 9. goods that consumers demand more of when income increases
  4. 10. the change in consumption resulting from a change in real income
  5. 12. a table that lists the quantity of a good all consumers in a market will buy at each different price
  6. 14. the assumption that nothing other than the price of a good will change
  7. 15. when consumers react to an increase in a good's price by consuming less of that good and more of other goods
  8. 18. a graphic representation of a demand schedule
Down
  1. 1. demand whose elasticity is exactly equal to one
  2. 3. entire amount of money a company receives by selling goods or services
  3. 4. a table that lists the quantity of a good a person will buy at each different price
  4. 5. the elasticity of demand for a good can be highly elastic at every price level
  5. 6. measure of how consumers respond to price changes
  6. 8. goods used in place of one another
  7. 11. when demand is very sensitive to price changes
  8. 13. the desire to own something and the ability to pay for it
  9. 16. two goods that consumers demand more of when income increases
  10. 17. goods for which demand falls as income increases