Supply and Demand

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Across
  1. 7. A measure of the way in which quantity responds to a change in price.
  2. 12. A graph showing quantitiy demanded of each product.
  3. 14. The diminishing of marginal utility as one buys more units of a product.
  4. 15. A graph showing the various quantities supplied.
  5. 16. The quantity of a demanded product goes up when the price goes down, and vice versa.
  6. 17. A listing of the various quantities of a particular product.
  7. 18. The area of economics dealing with small behaviors.
Down
  1. 1. More will be for sale at high prices and vice versa.
  2. 2. A supply curve for a given market.
  3. 3. A listing that shows the quantities demanded of a product.
  4. 4. The area of economics dealing with large behaviors.
  5. 5. The demand curve for everyone interested in buying the product.
  6. 6. The satisfaction a consumer gets from acquiring one more unit of a product.
  7. 7. A government payment to encourage a type of economic activity.
  8. 8. The desire/willingness to buy a product.
  9. 9. The quantity offered for sale.
  10. 10. The amount that producers bring to market.
  11. 11. Where suppliers offer different amounts of the same product.
  12. 13. A change in the amount of product brought to market.