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en
CR
Supply and Demand Project
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demand : Desire to own something and pay for it
law of demand : Good's price is lower, consumers buy more: vice versa
substitution effect : Consuming one good more than another after price drop
income effect : Change in consumption resulting form change in real income
demand schedule : List of quantity of a good a person will buy at different prices
market demand schedule : List of quantity all consumers will buy at different prices
demand curve : Graphic representation of a demand schedule
ceteris paribus : means "all other things held constant"
normal good : Good demanded more when income increases
inferior good : Good demanded less when income increases
complements : Two good bought and used together
elasticity of demand : Measure of how consumers react to change in price
inelastic : Demand that isn't sensitive to change in price
elastic : Demand that is sensitive to change in price
total revenue : Total amount of money a firm receives by selling goods
supply : To make available use of
law of supply : Tendency of suppliers to offer more of a good at a higher price
variable : A factor that can change
quantity supplied : Amount a supplier is willing to supply at a certain price
supply curve : Graph of quantity supplied of a good at different prices
elasticity of supply : Measure of the way quantity supplied reacts to change in price
market supply schedule : Chart that lists how much a good all suppliers will offer at different prices
Supply and Demand Project
Across:1. | Good demanded more when income increases | 5. | Amount a supplier is willing to supply at a certain price | 7. | Two good bought and used together | 8. | Graphic representation of a demand schedule | 9. | Good demanded less when income increases | 11. | Consuming one good more than another after price drop |
| 12. | Good's price is lower, consumers buy more: vice versa | 13. | Desire to own something and pay for it | 15. | Measure of the way quantity supplied reacts to change in price | 17. | Demand that isn't sensitive to change in price | 18. | A factor that can change | 19. | Change in consumption resulting form change in real income |
| | Down:2. | Chart that lists how much a good all suppliers will offer at different prices | 3. | Total amount of money a firm receives by selling goods | 4. | List of quantity of a good a person will buy at different prices | 6. | Measure of how consumers react to change in price |
| 10. | Graph of quantity supplied of a good at different prices | 14. | Demand that is sensitive to change in price | 16. | To make available use of |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only
Supply and Demand Project
Across:1. | Good demanded more when income increases | 5. | Amount a supplier is willing to supply at a certain price | 7. | Two good bought and used together | 8. | Graphic representation of a demand schedule | 9. | Good demanded less when income increases | 11. | Consuming one good more than another after price drop |
| 12. | Good's price is lower, consumers buy more: vice versa | 13. | Desire to own something and pay for it | 15. | Measure of the way quantity supplied reacts to change in price | 17. | Demand that isn't sensitive to change in price | 18. | A factor that can change | 19. | Change in consumption resulting form change in real income |
| | Down:2. | Chart that lists how much a good all suppliers will offer at different prices | 3. | Total amount of money a firm receives by selling goods | 4. | List of quantity of a good a person will buy at different prices | 6. | Measure of how consumers react to change in price |
| 10. | Graph of quantity supplied of a good at different prices | 14. | Demand that is sensitive to change in price | 16. | To make available use of |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only