Supply and Demand

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Across
  1. 2. the study of how people use their limited resources to satisfy their unlimited wants
  2. 6. another word for a lower price due to lower demand
  3. 8. quantity is bigger than the amount needed
  4. 9. the shortage of a resources
  5. 10. when supply and demand are equal
  6. 13. a product that you can use and is tangible
  7. 14. another word for sharing resources
Down
  1. 1. a consumers desire to purchase a good/service
  2. 3. a person who buys goods and services
  3. 4. another word for higher price due to higher demand
  4. 5. an act performed by people for you
  5. 7. a person who creates goods and services
  6. 11. when a business goes out of business
  7. 12. the ability of producers to create goods and services