supply and demand

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Across
  1. 5. the number of goods or services that suppliers will produce and sell at a given market price.
  2. 7. a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
  3. 8. graphic representation of the relationship between product price and quantity of product that a seller is willing and able to supply.
  4. 10. as the price of a good or service increases, the quantity of goods or services increases
  5. 11. transforms raw materials and components into a finished product that's delivered to a customer.
  6. 14. (of an object or material) able to resume its normal shape spontaneously after contraction, dilation or distortion.
  7. 15. a stock of a resource from which a person or place can be provided with the necessary amount of that resource.
  8. 16. a legislated tax on specific goods or services at the time they are purchased.
  9. 18. A variable that can change the quantity of a good or service demanded at each price
  10. 20. the ability of an object or material to resume its normal shape after being stretched or compressed stretchiness.
  11. 21. the change in demand when there is a change in another economic factor, such as price or income.
  12. 22. when the price of a product goes up, the quantity demanded will go down – and vice versa
Down
  1. 1. the total quantity demanded by all consumers in a market for a given good.Demand curve
  2. 2. the amount (value) of a product that customers actually buy from a business.
  3. 3. tells you exactly how much money your business generates before expenses
  4. 4. the number of goods or services that suppliers will produce and sell at a given market price
  5. 6. the theory that prices are determined by the relationship between supply and demand.
  6. 7. A variable that can change the quantity of a good or service supplied at each price
  7. 9. total amount of an item producers are willing and able to sell at different prices, over a given period of time
  8. 12. (of demand or supply) insensitive to changes in price or income.
  9. 13. a table that shows the quantity demanded of a good or service at different price levels.
  10. 17. a good whose appeal increases with the popularity of its complement.
  11. 19. represents the relationship between the price of a good or service and the quantity demanded for a given period of time.